MIRPUR (Kashmir English): The president of Azad Kashmir Bank, Shahid Shehzad Mir, met President Sultan Mahmood Chaudhry yesterday to discuss the bank’s performance, challenges, and the goal of achieving scheduled bank status.
Shahid Shehzad Mir, who serves as President of Azad Jammu and Kashmirs (AJK) Bank, met Barrister Sultan Mahmood Chaudhry, the current President of Azad Jammu and Kashmir, yesterday to discuss current situations and strategic plans for the institution.
In his briefing, Mr Mir provided details about the Bank’s performance. The Bank faces several present-day obstacles which include structural and administrative problems that impede its expansion path, according to Bank President Shahid Shehzad Mir.
Maintenance of credibility and operational efficiency stood at the center of the meeting discussions. According to Mr Mir the Bank needs institutional backing to tackle its present challenges so it can achieve its strategic goals.
President Sultan Mehmood showed a strong involvement in the development of the Bank. He showed appreciation after hearing about its recent progress and acknowledging the effort made by its leading team. The institution needs to seek further improvements that will help both the public and strengthen the regional finance system.
Speaking on the occasion, Barrister Chaudhry urged the Bank’s leadership to make every possible effort to attain the status of a scheduled bank. He noted that achieving this milestone would not only enhance the institution’s standing but also increase public confidence and attract further investment in the region.
The President expressed his complete support to help the Bank achieve its targets. He declared acceptance of the government’s dedication to enhancing Azad Kashmir’s financial institutions which drive economic development and stability in the region.
The leadership of the Bank showed enthusiasm and resolve to progress with reforms that will lead to sustainable achievements and official scheduled banking status.
