Pakistan, April 30 -- The Bank of Khyber (BoK) reported an impressive performance for the first quarter of financial Year 2025 (Q1FY25), with its Profit After Tax (PAT) rising sharply by 108% year-on-year (YoY) to reach Rs1.6 billion.
The Bank's Net Markup/Interest Income (NII) surged by 45% YoY to Rs. 5.1 billion, reflecting robust balance sheet management and successful reduction in funding cost achieved during the period. Non-markup/interest income also recorded significant growth, rising by 64% YoY to Rs 900 million, mainly driven by gain on securities amounting to Rs. 521 million.
Operating expenses rose by 15% YoY to Rs. 2.7 billion, reflecting increase in employee and other administrative costs reflecting the impact of inflation an...