Provincial Commercial Bank

Bank of Khyber Latest News & Updates

Part of PakFinHub's BOK coverage — dated, sourced updates on Bank of Khyber's ratings, results, partnerships, and announcements.

Sourced & Dated
Not a Live Feed

Written & reviewed by Dildar Hussain — 10+ years in Pakistani banking, BS Banking & Finance (NUML University)

Bank of Khyber's confirmed announcements — credit rating actions, financial results, partnerships, and corporate developments — are logged below, each dated and sourced. This is manually maintained rather than an automated feed, so a fresh announcement can sit unlisted for a while; check the Last Verified date for how current it is, and treat BOK's own official website, PSX filings, and social channels as the live source in the meantime.

2026 Updates

August 27–28, 2026

H1 2026 Results: Profit After Tax Falls 56% to Rs 1.47 Billion as Q2 Weakens Further

Bank of Khyber's Board approved half-year results for the six months ended June 30, 2026, reporting profit after tax of Rs 1.47 billion (EPS Rs 1.27), down 56% from Rs 3.37 billion in H1 2025. The decline was concentrated in Q2: standalone Q2 2026 profit after tax fell to just Rs 453 million (EPS Rs 0.39), down about 74% year-on-year and weaker than Q1 2026. BOK's Directors' Review attributed the fall to market interest rate movements reducing net interest income and gains on securities, plus non-markup expenses up 13% on higher business activity. On the balance sheet, total assets grew to Rs 597.4 billion (from Rs 453.3 billion at end-2025) on strong deposit growth to Rs 486.7 billion, while the Capital Adequacy Ratio eased to 15.46% from 20.15%, still above the regulatory minimum. The filing also disclosed BOK now operates 256 branches including 212 dedicated Islamic banking branches, up from 254 (199 Islamic) at end-2025. See our Financial Results page for the full breakdown.

Source: BOK's condensed interim unconsolidated financial statements for the six months ended June 30, 2026, filed with PSX August 28, 2026.

August 20, 2026

BOK Signs MoU with KP Assembly Secretariat for Shariah-Compliant Vehicle Financing

Bank of Khyber signed a Memorandum of Understanding with the Provincial Assembly Secretariat of Khyber Pakhtunkhwa to offer Shariah-compliant vehicle financing to eligible employees, signed by MD Hassan Raza and Secretary Syed Wiqar Shah. The facility covers Diminishing Musharakah Fleet Finance for new, Pakistan-assembled vehicles, plus a Sale and Lease Back Diminishing Musharakah structure for used vehicles up to 4 years old. This is an institutional employee-benefit facility for KP Assembly Secretariat staff specifically, not a general retail product currently open to the public — see our Islamic Banking page for BOK's broader Raast product range.

Source: Lead Pakistan, August 21, 2026.

July 2026

Three Independent Directors Call for Forensic Audit Over Alleged Rs 40 Billion Irregularities

Three independent directors of Bank of Khyber submitted a written complaint to the Board Chairman alleging financial and governance irregularities in loan approvals, procurement, marketing spending, recruitment, and strategic agreements, and calling for an independent forensic audit. The complaint reportedly alleges that loans and contracts worth around Rs 40 billion were approved in violation of BOK's internal policies and SBP regulations, and requests protection for officers including the Chief Risk Officer, Chief Compliance Officer, and Head of Internal Audit, who are said to have been sidelined after raising concerns. The complaint also reportedly questions a procurement decision by the bank's Treasurer allegedly favoring a vendor whose software he had personally developed. Important context: these are allegations from a confidential internal complaint, not findings of a completed investigation. They have not been independently verified, and at the time this was reported, BOK's management had not issued a public response. One figure in early reporting — a Mastercard-related obligation in the billions of US dollars — appears disproportionate to BOK's actual balance sheet size and hasn't been corroborated elsewhere, so we're not repeating it here. Check BOK's official channels and PSX filings directly for any update, since this is an active, unresolved situation.

Source: Bloom Pakistan, reporting roughly one month before this page's last verification date. This story may develop; PakFinHub has not independently verified the underlying allegations and will update this entry if a resolution or an official BOK response is confirmed.

July 2026

PACRA Upgrades BOK Credit Rating to 'AA-'

The Pakistan Credit Rating Agency (PACRA) upgraded Bank of Khyber's long-term entity rating from 'A+' to 'AA-', maintaining the short-term rating at 'A-1' with a Stable outlook — announced via PACRA's official channels on July 15, 2026, based on a rating report dated June 27, 2026. This brings PACRA in line with VIS Credit Rating Company, which had already upgraded BOK to 'AA-' in June 2025. Full detail on our Share Price & Financial Results page.

Source: PACRA's official announcement, July 15, 2026, and PACRA rating report dated June 27, 2026.

July 31, 2026

BOK Partners with Wateen Telecom to Enhance Digital Infrastructure

Bank of Khyber signed a collaboration with Wateen Telecom aimed at strengthening the bank's digital infrastructure, framed around enhancing efficiency, cyber resilience, and customer experience as part of BOK's broader digital transformation strategy. See our BOK App page and Security & Fraud page for how BOK's digital banking and cyber-resilience posture is covered elsewhere on this site.

Source: ProPakistani, July 31, 2026.

April 27, 2026

Q1 2026 Profit Declines 36.65% Year-on-Year

BOK reported profit after taxation of Rs 1.02 billion for the quarter ended March 31, 2026, down from Rs 1.60 billion in the same period a year earlier — a 36.65% decline. Total income fell 21.81% to Rs 4.70 billion, driven by pressure on core lending margins and a net loss of Rs 29.69 million on derecognition of financial assets, partially offset by a 33.35% rise in fee and commission income and a 26.90% increase in foreign exchange income. Full context on our Share Price & Financial Results page.

Source: Mettis Global, April 27, 2026, based on BOK's PSX filing for the quarter ended March 31, 2026.

February 2026

FY2025 Annual Results: Profit Rises 61% to Rs 5.82 Billion

BOK's full-year 2025 profit after tax rose to roughly Rs 5.82 billion (EPS Rs 5.02), up about 61% on 2024 — the strongest annual result in BOK's recent four-year run per PSX's own disclosures. Total assets reached approximately Rs 452–453 billion by year-end. The results came alongside two other 2025 milestones: the launch of BOK's Mastercard debit card portfolio and the VIS credit rating upgrade to 'AA-'. Full detail and the multi-year trend on our Share Price & Financial Results page.

Source: PSX's own Financials table for ticker BOK; commentary corroborated by Lead Pakistan's retrospective coverage.

February 12, 2026

BOK Appoints Gul Buhar Khan as SEVP, Group Head of Retail Banking

Bank of Khyber appointed Gul Buhar Khan, a banking executive with more than two decades of experience, as Senior Executive Vice President and Group Head of Retail Banking. Khan previously served as EVP and General Manager of Retail Banking at National Bank of Pakistan, overseeing branch operations in Islamabad and later Karachi. The appointment is aimed at growing BOK's retail business nationwide, with a focus on network expansion and branch efficiency. See our Bank Overview page for BOK's full current leadership team.

Source: Business Recorder, February 12, 2026.

January 2026

BOK Named Among Asia-Pacific's Top-Performing Banks (S&P Global)

S&P Global Market Intelligence recognized Bank of Khyber among the Asia-Pacific region's top-performing banks for 2025 total shareholder return, with BOK posting a 177.4% return for the year. Pakistani banks collectively took six of the top ten regional positions. S&P Global attributed BOK's performance to improved asset quality, prudent financial management, and Pakistan's broader stock market rally during 2025.

Source: ProPakistani and The Nation, January 10–11, 2026, citing S&P Global Market Intelligence.

2025 Updates

June 2025

VIS Upgrades BOK Credit Rating to 'AA-'

VIS Credit Rating Company upgraded Bank of Khyber's medium-to-long-term entity rating from 'A+' to 'AA-', maintaining the short-term rating at 'A-1', with a Stable outlook. This was the first of BOK's two rating agencies to move to 'AA-' — PACRA followed with its own upgrade in July 2026 (above). Full detail on our Share Price & Financial Results page.

Source: VIS Credit Rating Company's official press release, June 2025.

September 4–5, 2025

BOK Launches Mastercard Debit Card Portfolio

Bank of Khyber officially launched its Mastercard Debit Card portfolio — Classic, Gold, and Platinum tiers — at a ceremony in Gulberg Greens, Islamabad, attended by MD & CEO Hassan Raza and Mastercard's Pakistan & Afghanistan Country Manager Arslan Khan. A live transaction was demonstrated on a KuickPay POS terminal to mark the go-live. At the time of launch, BOK reported 719,000 total account holders and 150,000 digital banking app users. See our Cards & Discounts page for current fees and merchant offers on these cards.

Source: Business Recorder, Profit by Pakistan Today, The Nation, and Daily Times, September 4–6, 2025.

Frequently Asked Questions

What is the latest news about Bank of Khyber?

The most recent confirmed news is BOK's H1 2026 results (August 27–28, 2026), showing profit after tax down 56% year-on-year to Rs 1.47 billion. Other recent news includes a July 2026 report of independent directors calling for a forensic audit over alleged irregularities (unverified, unresolved), a PACRA credit rating upgrade to 'AA-', a Wateen Telecom digital infrastructure partnership, and FY2025 annual results showing a 61% profit increase.

Is the Bank of Khyber forensic audit allegation confirmed?

No. As reported, this was a confidential internal complaint from three independent directors alleging irregularities — not the outcome of a completed investigation. The allegations were unverified and BOK's management had not publicly responded at the time of the report. Check BOK's official channels for any update.

Has Bank of Khyber's credit rating changed recently?

Yes. PACRA upgraded BOK's long-term entity rating from 'A+' to 'AA-' in July 2026, matching VIS Credit Rating Company's earlier upgrade to 'AA-' in June 2025. Both agencies now rate BOK at the same level.

How often is this BOK news page updated?

Whenever a new, source-verified Bank of Khyber announcement is confirmed — this is not an automated feed, so check the Last Verified date for how current it is.

Official Sources & Last Verified

Each item above is individually sourced and dated where a date is available. Last verified: September 7, 2026. On this recheck, no public update was found to the July 2026 forensic-audit story below — it remains unresolved as far as public sources show. This is a manually maintained log, not a live feed — treat Bank of Khyber's official website, PSX filings, and social channels as the source of truth for anything more recent.

Good For

Catching up on BOK's recent ratings actions and financial results in one place
Understanding why PACRA and VIS now both rate BOK at 'AA-'
Jumping to the detailed page behind any single announcement

Ready to bank with Bank of Khyber?

Verify current rates, offers, and terms directly with BOK before you apply.

Visit BOK Official Website See BOK Bank Profile