The vision statement aims for Bank of Khyber to become a leading bank providing efficient Islamic and conventional banking services through an expanded nationwide network. The mission is to be recognized in the market through merit-based performance, a powerful brand identity, top financial performance, and living the core values. The main objectives of Bank of Khyber are profit maximization through increasing deposits and charging interest on loans. Deposits are increased by improving services and courtesy to attract customers. Loans are extended based on creditworthiness and repayment ability, preferably to financially sound and reliable parties.
The vision statement aims for Bank of Khyber to become a leading bank providing efficient Islamic and conventional banking services through an expanded nationwide network. The mission is to be recognized in the market through merit-based performance, a powerful brand identity, top financial performance, and living the core values. The main objectives of Bank of Khyber are profit maximization through increasing deposits and charging interest on loans. Deposits are increased by improving services and courtesy to attract customers. Loans are extended based on creditworthiness and repayment ability, preferably to financially sound and reliable parties.
The vision statement aims for Bank of Khyber to become a leading bank providing efficient Islamic and conventional banking services through an expanded nationwide network. The mission is to be recognized in the market through merit-based performance, a powerful brand identity, top financial performance, and living the core values. The main objectives of Bank of Khyber are profit maximization through increasing deposits and charging interest on loans. Deposits are increased by improving services and courtesy to attract customers. Loans are extended based on creditworthiness and repayment ability, preferably to financially sound and reliable parties.
VISION STATEMENT “To become Leading Bank providing efficient and dynamic services in both Islamic and Conventional banking through expanded nationwide network”. MISSION STATEMENT “To be recognized in the market place by Institutionalizing a merit & performance culture, Creating a powerful & distinctive brand identity, Achieving top-tier financial performance, and Adopting & living out our core values”. 2.3 Objectives of BOK: The Bank of Khyber is also a commercial organization and its main objective is profit maximization. This is achieved in two ways: 1. By increasing its deposits. 2. By charging interest on loans provided to the people due to increased deposits These are explained as: 2.3.1 Increase in Deposits: Competition in banking, the Pakistani foreign, private or to provide better services to their customers by increasing its reserves and desperately tries to nationalized banks. Its reserves by increasing the maximum amount of a bank loan to expand and therefore can get more profit. BOK also reserves its facilities and services to attract customers with high volume are better. There are two main factors involved in the increase in reserves. These factors are improving services and courtesy. BOK continued to increase its reserves for working on these two factors.
2.3.2 Extension of Loans:
The profitability of a bank loan as largely people and the credit worthiness of the borrower’s credit is given to the type of people who depend on the money. This strategy has worked very well for BOK. Collect deposits from people who are invested in various projects. After BOK collators, financially sound and reliable parties prefer to lend. BOK is an extremely well organized section. The staff is trained and qualified and competent.