Raast Islamic Banking attracts Rs14b deposits

STAFF REPORT KHI: The Bank of Khyber Raast Islamic Banking was started in 2003 and now it is enjoying the confidence of masses by having more than Rs. 14 billion deposits in its Branches and has also awarded financial facilities amounting to more than Rs. 8 billion and due to general public confidence our Islamic Banking Group assets are more than Rs. 23 billion.

“Our Raast Islamic Banking Branch profit for the period of January-November 2013 is Rs. 378 million which will increase in branches network in near future,” said Imran Samad, Managing Director BoK, on the occasion of inauguration of Raast Islamic Banking.

Siraj-ul-Haq, Senior Minister for Finance KPK, , inaugurated the banking service.

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