Financial position of the Bank of Khyber (Bok) is still very solid and stable despite the financial crunch in the country, BoK officials said.
At a press briefing on Monday, Managing Director BoK Bilal Mustafa said the bank was not facing any liquidity crisis because of its better management.
He said in a situation when a number of big financial institutions across the world had stopped their services like credit card facility, consumer financing and macro lending, the BoK’s financial position was strong and stable. He said the total assets of the bank had reached at Rs 33,631 million in the current year against Rs 29,712 million in 2007