ISLAMABAD, Oct 25 (APP): The Bank of Khyber (BoK) earned Rs 1.5 billion Profit after Tax (PAT) for the nine months period ended September 30, 2016 showing an increase of 22% over the corresponding period of 2015. This was informed to the Board of Directors during presentation of 3rd quarterly accounts of the Bank for the period ended September 30, 2016 in its 140th meeting held here on Tuesday. The meeting was chaired by Finance Secretary Government of KhyberPakhtunkhwa, Ali Raza Bhutta. Apart from other members of the board, the meeting was attended by Managing Director, BOK, Shams-ul-Qayyum. The Board was also informed that during the period under review, Bank’s operating profit was recorded at Rs 2.8 billion against Rs 2.5 billion of the corresponding period of 2015. Profit Before Tax increased by 19% to reach Rs 2.4 billion as compared to Rs 2.0 billion in the corresponding period. With an increase of 24%, the Bank’s total assets stood at Rs 192 billion.
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BOK earns Rs 1.5 billion profit for 3rd quarter
