ISLAMABAD (Kashmir English): Azad Jammu and Kashmir Prime Minister Chaudhry Anwarul Haq has emphasized that all resources will be utilized to modernize the Bank of Azad Jammu and Kashmir (Bank of AJK), adapting it to the requirements of the present era.
He made these remarks during the signing ceremony of an agreement between the Bank of AJK and the IConsult Consortium, held in a private hotel in Islamabad on Friday.
President/CEO of Bank of AJK Shahid Shahzad Mir, and Mr. David Lamb, Yuri Ladek, Shahid Ahmed Khan, and Syed Asim Bukhari from the IConsult Consortium signed the Memorandum of Understanding (MoU).
The Prime Minister said that the modernization of the bank is a milestone in the financial sector. He said that the government will provide all resources for the development of the bank.
“The people of Azad Kashmir want to see the development of the bank,” he said, stressing that the scope of Azad Kashmir’s bank will be extended across the state and Pakistan, and the government will take all steps to ensure a scheduled bank status.
Moreover, Chaudhry Latif Akbar, Speaker of the AJK Legislative Assembly, congratulated everyone involved in the agreement, highlighting the bank’s progress from its humble beginnings.
Abdul Majid Khan, finance minister and Chairman BAJK, emphasized that this ceremony would take the institution to new heights of development, providing easy banking facilities to the public.
Bank President Shahid Shahzad Mir shed light on the modernization of the bank and the aims and objectives of the agreement. He called the Prime Minister a visionary leader and said that under his leadership, the Bank of AJK will reach new heights of development.
Ministers of the Government Syed Bazil Ali Naqvi, Chaudhry Azhar Sadiq, Pir Muhammad Mazhar Saeed Shah, Chief Secretary Khushal Khan, Former Chief Secretary Usman Chachar, Former Chief Secretary Dawood Muhammad Barich, Secretary Finance Islam Zeb, Secretaries of the Government, and senior officials of the Bank were also present.
