BoK produced Rs48m PAT for the first quarter ending March 31 | Instant News


PESHAWAR: Khyber Bank (BoK) posted rs548 million profit after tax (PAT) for the 1st

quarter ending March 31, 2020.

This was stated during the Bank’s 161 Board of Directors meeting held on May 20 in Peshawar, said a press release.

The meeting was chaired by Shakeel Qadir Khan, additional chief secretary Khyber Pakhtunkhwa and chairman of the Board of Directors. Because of the prevailing pandemic, most members attend the meeting via video link.

Attendees included Atif Rehman, finance secretary, Maqsood Ismail Ahmad, Javed Akhtar, Asad Muhammad Iqbal, Rashid Ali Khan and Managing Director (A) of BOK Ihsan Ullah Ihsan.

It was also stated that to combat the global pandemic, the BoK had donated Rs18 million

to NDMA as part of Corporate Social Responsibility.

The Board expressed satisfaction with the results of the first quarter and suggested management to work harder to achieve targets and play a proactive role in improving the socio-economic development of the province and the country as a whole.

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