Bank of Khyber injects Rs1 billion into exchange company

Bank of Khyber has injected Rs1 billion into its subsidiary, BOK Currency Exchange Company (Pvt) Limited, with shareholders formally approving and ratifying the capital increase at the bank’s annual general meeting.

According to resolutions passed at the 35th AGM held on March 30, 2026, the capital injection was made in line with requirements under the Regulatory Framework for Exchange Companies and had earlier received board approval.

The bank stated that the move is aimed at strengthening the capital base of its exchange company and ensuring compliance with regulatory standards governing the sector.

In addition to the capital injection, shareholders approved the bank’s audited financial statements for the year ended December 31, 2025, along with the directors’ and auditors’ reports.

The meeting also approved the reappointment of PwC A.F. Ferguson & Co. as external auditors for 2026, with a 10% increase in audit fees.

Shareholders further approved a final cash dividend of Rs1.70 per share, taking the total payout for the year to Rs3.20 per share, including an interim dividend of Rs1.50 already disbursed.

The resolutions were disclosed as part of regulatory requirements to inform investors and the market.