BAJK is a fast growing commercial bank operating across the state of Azad Jammu & Kashmir with a network of 84 branches.[6] The Bank is a wholly owned corporate entity of the Govt. of Azad Jammu & Kashmir mandated to mobilize private savings and public funds for diverting them to productive channels; promote industrial, agriculture, rural micro financing and other socio economic activities through active participation of private and public sectors and help under-developed areas, create employment opportunities and to assist overseas Kashmiris to effectively and profitably invest their savings in the State. The bank has a number of liability and assets products customised to fulfils the banking needs of people. The Bank believes that equal access to resources in the economy is smart economics and a powerful means of poverty reduction and a path to faster socio economic development. That is why the Bank has launched an innovative scheme of microfinance for those who have limited or no access to financial resources.[7]
Record high assetsedit
The total assets value of the bank reached the highest level Rs. 28.4 billion (US$98 million) in the first six months of the 2022 calendar year, hence setting a record in the institutions 15-year history.[2]
bank, azad, jammu, kashmir, state, owned, bank, government, azad, kashmir, which, based, muzaffarabad, azad, kashmir, founded, 2005, آپ, کی, پہچانtypegovernment, ownedindustrybankingcapital, marketsfounded2005, years, 2005, headquartersmuzaffarabad, azad, kash. Bank of Azad Jammu amp Kashmir is the state owned bank of Government of Azad Kashmir which is based in Muzaffarabad Azad Kashmir 3 4 It was founded in 2005 4 5 Bank of Azad Jammu amp Kashmir آپ کی پہچانTypeGovernment ownedIndustryBankingCapital marketsFounded2005 18 years ago 2005 HeadquartersMuzaffarabad Azad KashmirKey peopleKhawar Saeed 1 President amp CEOProductsBank Loans credit cards savings accounts consumer banking etc Total assetsRs 28 4 billion US 98 million 2 Q3 FY22Websitebankajk wbr comBAJK is a fast growing commercial bank operating across the state of Azad Jammu amp Kashmir with a network of 84 branches 6 The Bank is a wholly owned corporate entity of the Govt of Azad Jammu amp Kashmir mandated to mobilize private savings and public funds for diverting them to productive channels promote industrial agriculture rural micro financing and other socio economic activities through active participation of private and public sectors and help under developed areas create employment opportunities and to assist overseas Kashmiris to effectively and profitably invest their savings in the State The bank has a number of liability and assets products customised to fulfils the banking needs of people The Bank believes that equal access to resources in the economy is smart economics and a powerful means of poverty reduction and a path to faster socio economic development That is why the Bank has launched an innovative scheme of microfinance for those who have limited or no access to financial resources 7 Record high assets editThe total assets value of the bank reached the highest level Rs 28 4 billion US 98 million in the first six months of the 2022 calendar year hence setting a record in the institutions 15 year history 2 nbsp President CEO Bank of Azad Jammu and KashmirSee also edit nbsp Banks portalEconomy of Azad KashmirReferences edit Bank of Azad Jammu amp Kashmir Management a b AJK bank assets value swells to 15 year high 29 September 2022 AJK bank seeks scheduled status The Express Tribune 21 February 2016 a b About Us Archived from the original on 2017 05 27 Retrieved 2017 05 22 All stakeholders must patronise AJK bank The Express Tribune 29 September 2012 Branch network bankajk com Bank of AJK Bank of AJK bankajk com Retrieved 2023 07 20 nbsp nbsp This bank and insurance related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Bank of Azad Jammu 26 Kashmir amp oldid 1166313655, wikipedia, wiki, book, books, library,
