Peshawar (Khyber Mail): The Bank of Khyber (BoK) has reached a historic milestone, with its share price surging to Rs. 19.83—its highest level in three years. This achievement marks a 57.76% increase over the past 12 months and a 21.87% gain year-to-date, signaling robust investor confidence and a renewed market outlook for the provincial bank.
The rally in BoK’s stock is underpinned by a series of strategic reforms and governance enhancements led by Chairman Mr. Ikramullah and Managing Director & CEO Hassan Raza. Under their stewardship, the bank has prioritized digital transformation, operational efficiency, and customer-centric growth. These efforts have not only improved financial performance but also earned BoK a long-term credit rating upgrade to ‘AA-’ by VIS Credit Rating Company, with a reaffirmed short-term rating of ‘A1’.
“This is not just a financial milestone; it is a validation of our commitment to reform and good governance,” said CEO Hassan Raza. “Our performance reflects the strength of our leadership and the trust of our stakeholders.”
BoK’s transformation has been further bolstered by the support of the Government of Khyber Pakhtunkhwa, particularly Chief Minister Ali Amin Gandapur, whose emphasis on merit-based governance and institutional autonomy has enabled the bank to operate with greater transparency and professionalism.
Established in 1991, BoK now operates a network of over 260 branches nationwide. Its recent success is seen as a benchmark for public sector institutions striving to achieve private-sector-level performance. With a price-to-earnings ratio of 4.70 and earnings per share of Rs. 3.12, the bank continues to attract investor interest while maintaining a stable outlook.
As BoK moves forward on its journey of expansion and modernization, its record-breaking share price stands as a testament to what integrity-driven leadership and strategic foresight can accomplish—even within the public sector.