Muzaffarabad ( Web News )
Bank of Azad Jammu and Kashmir’s deposits rose to over Rs 35.23 billion with a record increase of Rs 11 billion in the first few months of the current year. The financial institution’s deposits have recorded an increase of more than 45 percent during the last few months. On Thursday, in a review meeting held under the chairmanship of Shahid Shahzad Mir, President/Chief Executive Officer regarding the promotion of business, it was said that the bank is exceeding all business targets including deposits as well as profit, domestic remittances, assets. The institution’s total deposits as of 31 March 2023 were Rs 24.14 billion, which has increased to the highest level today. It was further informed in the meeting that the directives of Prime Minister Chaudhry Anwar Haq, Finance Minister Khan Abdul Majid Khan, under the patronage of the Board of Directors, effective business strategy under the supervision of the President and Chief Executive Officer, tireless work of the staff, cooperation, and trust of customers the business profile of the organization is changing completely and efforts have been continued to make the bank the most profitable institution. President Bank expressed his gratitude for the cooperation and trust of all stakeholders including the Government and customers and expressed the determination that the progress journey of the bank will be accelerated further.