Bank of Punjab
 | |
| Public | |
| Industry | Banking, insurance |
| Founded |
1989 Lahore, Pakistan |
| Headquarters | Lahore, Pakistan |
Key people |
Naeemuddin Khan, President Khalid Timizey, Deputy CEO Moghis Bokhari, Head HR Shahid W. Mahmood, Chief Risk Officer, Mustafa Hamdani, Head Transactional Banking Javed Iqbal, CIO |
| Products | Financial services |
| Revenue | PKR 17,752 Million (2009)[1] |
 PKR 6,616 Million (2009)[1] | |
Number of employees | 6,092 [2] |
| Website | www.bop.com.pk |
The Bank of Punjab is a Pakistani bank headquartered at BOP Tower, Main Bouleveard, Gulberg, Lahore in Pakistan. It serves Pakistan and functions as an international bank and is one of the prominent financial institutions of the country holding AA ratings from PACRA.
History
The bank was established in 1989, pursuant to The Bank of Punjab Act 1989, and was given the status of a retail bank in 1994.
Overview
The Bank of Punjab was founded by Tajammal Hussain and it functions as a scheduled commercial bank, with a network of 344 branches in major business centres throughout the country. It is the seventh largest commercial bank of the Country. It provides a wide range of banking services including deposit in local currency; client deposit in foreign currency; remittances; and advances to business, trade, industry and agriculture. First Punjab Modaraba (FPM), a wholly owned subsidiary of the bank, was established in 1992, and is being managed by Punjab Modaraba Services (Pvt) Ltd.
Notes
References
- The Nation, August 28, 2006: The Bank of Punjab
- Daily Times, November 11, 2003: Bank of Punjab introduces e-banking
- The Bank of Punjab Official website
- The Bank of Punjab Annual Report 2013
External links
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