Muzaffarabad: The Bank of Azad Jammu and Kashmir held its 79th Board of Directors meeting, led by Finance Minister Khan Abdul Majid Khan, to review the bank’s performance. Significant growth in profits, assets, deposits, and loans was reported for the first half of the year.

According to Bank of Azad Jammu and Kashmir, the bank achieved an operating profit of Rs 906 million during this period, with assets reaching Rs 48 billion and deposits climbing to Rs 39 billion. The meeting, which was attended by various high-level directors and secretaries of the regional government, also noted the provision of Rs 4.5 billion in loans through attractive schemes. The bank’s performance was lauded by the board, which credited the success to effective leadership and the cooperation of all stakeholders.

On this occasion, Chairman Khan Abdul Majid Khan expressed confidence in the continuous growth and success of the bank under the government’s guidance, aiming to establish it as a leading financial institution in the region.