Latest Bank Of AJK Headlines and News updates

State-run BoAJK achieves remarkable financial success in AJK

The State-run Bank of Azad Jammu Kashmir (BoAJK) has achieved a remarkable milestone in the financial sector securing an operating profit of Rs. 1.111 billion during the year 2023

BAJK remittances surge to Rs 4.6 bln

The Bank of Azad Jammu and Kashmir has entered into an agreement with two more companies, Instant Cash and International Money Exchange, for immediate collection and payment of remittances or home remittances from around the world while, in a short span of three years, BAJK remittances increased from Rs.800 million to Rs.4.60 billion

Kashmir Volleyball Super League last rounds start

Kashmir Volleyball Super League (KVSL), a first-ever sports event of its kind, is being played in Azad Jammu Kashmir (AJK) to promote the spirit of competitive sports at the State level

Khawar endeavors to make Bank of AJK as leading financial institution of country

The President/CEO the Bank of Azad Jammu and Kashmir Khawar Saeed has said that steps are being taken to make BAJK a leading financial institution through the best business policy and with the collaboration of successful banks of the country

BoAJK to practice latest banking services on IBP-set parameters

State-run Bank of Azad Jammu and Kashmir (BoAJK), in collaboration with the Institute of Bankers Pakistan, has agreed in principle on measures for practising modern banking services, further improvement in banking strategy including staff training and professional capacity building

President and CEO of the Bank of Azad Jammu and Kashmir Khawar Saeed declared best performing CEO

President and CEO of the Bank of Azad Jammu and Kashmir Khawar Saeed has been declared the best performing CEO by the CEO Club Pakistan

BAJK provides loans of Rs.2.7b to 5,000 employees of AJK

The Bank of Azad Jammu and Kashmir(BAJK) has provided loans of more than 2.7 billion rupees to more than 5,000 employees of government, semi-government and autonomous institutions of AJK under "advance salary scheme" at a very low markup in the market

Govt-run BoAJK's remittances jumps to record high of Rs. 6.76 b

The public-sector Bank of Azad Jammu and Kashmir (BoAJK) has crossed another milestone in home remittances while continuing to make significant progress towards development

BoAJK's remittances increased to record high of Rs 6.76 billion

Bank of Azad Jammu and Kashmir (BoAJK) has achieved another milestone as remittances increased to a record high of Rs 6.76 billion due to the strong trust of customers around the world and the effective strategy of the organization

Bank of Azad Jammu and Kashmir's deposits increase 80% in last 3 years

Chief Executive Officer, Bank of Azad Jammu and Kashmir Khawar Saeed while chairing a meeting on Friday said Bank of Azad Jammu and Kashmir's deposits have recorded an increase of about 80% in the last three years while the financial institution surpassed all business targets including profit, assets, and domestic remittances

BoAJK launches easy, prompt repayment based loan schemes

Bank of Azad Jammu and Kashmir (BoAJK) is determined to improve services, and increase business relations with customers considering it as the top priority of the bank, said BoAJK President Khawar Saeed during a surprise visit to operating offices and branches of the Bank in Mirpur on Thursday.

BoAJK furnishes at least 15000 customers with Rs. 380 million loans

State-run Bank of Azad Jammu and Kashmir has provided loans of more than Rs. 380 million to about 15 thousand customers under the special loan scheme "Gold Loan", it was officially said

BoAJK's remittances crosses highest level Rs. 5.55 billion

Remittances of the State-run Bank of Azad Jammu and Kashmir have crossed the highest level of Rs. 5.55 billion, more than 55 thousand transactions, special desks established in the branches for prompt and timely payment, it was officially announced

Bank of AJK facilitates 5189 employees with Rs. 2.69 billion loans under Ramazan package

State-run Bank of Azad Jammu and Kashmir (AJK) has announced to provide easy-term loans at the lowest markup in the market under a special package for regular employees of government, semi-government and autonomous institutions

Bank of AJK provides loans over Rs 311 million to its clients

The Bank of Azad Jammu and Kashmir has provided loans worth more than Rs 311 million to the state customers under the special loan scheme "Gold Loan"

AJK, GB launch Bus Service

Azad Jammu & Kashmir (AJK) and Gilgit-Baltistan(GB) achieved a major breakthrough in bridging gaps between the two regions by launching direct bus service on the eve of the historic 'Pakistan Day' celebrated on Thursday

Bus Service between Gilgat and Muzaffarabad inaugurated

The Historical restoration of contact between the people of Azad Jammu and Kashmir and Gilgat Baltistan has been launched on the historical Day of Pakistan and the Prime Minister of Azad Jammu and Kashmir Sardar Tanveer Ilyas and Chief Minister of Gilgat-Baltistan Barrister Khalid Khursheed jointly inaugurated the Gilgat Muzaffarabad Bus Service event here on Thursday

Bank of Azad Jammu and Kashmir (BAJK) remittances touch up to Rs. 4 billion: President

Bank of Azad Jammu and Kashmir (BAJK) has claimed that its remittances (home remittances) had been increased and crossed a record highest level of Rs 4.6 billion due to the strong confidence of expatriates of the region and effective strategy of the institution

Bank of AJK launches "Tourism Promotion Finance" through loan scheme

The Bank of Azad Jammu and Kashmir has launched a vigorous campaign under the scheme "Tourism Promotion Finance" through a loan scheme to be provided for the development of tourism in the valley during the current tourist season and to promote tourism in the Azad Kashmir

BoAJK's profit increases from Rs 134 mln to 961 mln in three years: CEO

The Bank of Azad Jammu and Kashmir launched 'Excellence Customer Service Campaign' to improve banking services to cater the needs of modern age, besides promoting business relations with customers

Bank of Azad Jammu Kashmir (BAJK) raises assets from Rs. 13b to Rs. 28b; CEO

The government-run Bank of Azad Jammu Kashmir (BAJK) has recorded a tremendous increase of profit of 110 percent during last year besides the profit raised from Rs 139 million to Rs 961 million in the last three years raising the assets from Rs 13 billion to Rs 28 billion

Bank of AJK launches customer service drive

The Bank of Azad Jammu and Kashmir has launched customer service campaign to further improve banking services for its customers, enhance business relationships and engage more customers with the bank

Bank of AJK provides over Rs146 million under Special Scheme 'Personal Loan' to customers

The State-run Bank of Azad Jammu and Kashmir has provided over Rs146 million easy term loans to its valued customers under the special 'Personal Loan' for household and family needs

AJK govt unveils decisive steps to stabilize economy

Prime Minister of Azad Jammu and Kashmir (AJK) Sardar Tanveer Ilyas Khan on Monday announced that decisive steps were being taken to stabilize the economy of the state