BoK handles over Rs7 b as Home Remittances

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The Bank of Khyber (BoK) handles over Rs7 billion as Home Remittances till June 30 2011 in six months, showing the confidence of overseas Pakistanis on BoK. This was stated by BoK Director Bilal Mustafa Managing, while inaugurating BoK Half-Yearly Manager’s Conference-2011.
The Half-yearly managers’ conference was held to review the operational activities and achievements of the bank during first six months of 2011 and to finalise the targets and operational strategy for the remaining six months of the year. Mustafa mentioned that in order to achieve desired goals, the BoK would further increase its branch network in 2011 by adding 12 new branches.
The growth in other operational areas should be further improved in order to achieve the annual business targets. In this connection; a branch expansion plan is already underway, during which 5 new Islamic & 7 new conventional branches will emerge by year end.