PESHAWAR – The Bank of Khyber (BOK), Managing Director, Bilal Mustafa said on Saturday that the BoK earned Rs 705 million profit till June 30, 2012.

He said this in his keynote address at BoK Raast Islamic Banking Branches Operational Performance Review Manager’s Conference held at Saidu Sharif, Swat. The conference was attended by Mir Javed Hashmat Executive Director BOK, Imran Samad Group Head Credits, Kamran Masood Khan Group Head Islamic Banking Muhammad Tariq Nasim Group Head HRD apart from Divisional Heads from Head Office and Chief Managers and Manager of Raast Islamic Banking Branches through the country.

Bilal Mustafa lauded the growth in all operational areas of the BoK during first half of 2012 and expressed his confidence over the field staff and head office supporting team, adding that we have to work with more devotion and diligently to achieve the various operational targets for 2012.

He said that due to increase in branches network, we could attract more clientage, which would alternatively help us to grow our deposit and advance base.

Bilal Mustafa mentioned that in spite of unfavorable economic conditions across the country especially in KPK due to natural disastrous, BoK total deposits as on 30th June 2012 are 54 billion shows 20 per cent growth as compared to December 2011.

Bilal Mustafa also mentioned that BoK Raast Islamic Banking Group progressing quite efficiently.

Mir Javed Hashmat in his address said that professionalism is a key to success and presently in financial sector the competition required that we should be services oriented financial institution in order to achieve the desired goals.