Bank of Khyber

What Bank of Khyber does

Bank of Khyber is a publicly listed Pakistani commercial bank founded in 1991 and headquartered in Peshawar, Khyber Pakhtunkhwa. It operates as a dual banking institution providing both conventional and Shariah-compliant products under the Raast Islamic Banking brand across Pakistan via physical branches, ATMs, internet and mobile banking, and a WhatsApp Banking channel. The bank serves individual consumers, small and medium enterprises, large corporates, agricultural borrowers, microfinance beneficiaries, and women entrepreneurs.

The product portfolio spans deposit accounts (current, savings, pensioner, term deposits), conventional consumer finance (BOK Foree Car for vehicles, BOK Salary Sahara, BOK Suhana Ghar for housing, BOK Roshan Ghar Scheme for solar), Islamic financing structured on Murabaha, Musharakah, Ijarah, and Mudarabah principles (Raast Consumer Murabaha, Raast Home Musharakah, Raast Car Ijarah, Raast Roshan Ghar), SME and agricultural financing (BoK SAAF, tractor, livestock, and tube well loans), corporate and syndicate banking, trade finance, and investment banking services. Digital infrastructure runs on the Temenos platform and integrates with Mastercard, JCB, PayPak, SWIFT, NIFT, and the State Bank of Pakistan's Raast Instant Payment System.

Revenue mechanics are driven primarily by net markup/interest income from lending operations and a rapidly diversifying non-markup fee base. In FY2025 the bank reported total income of PKR 23.1 billion (+26.6% YoY), net markup income of PKR 19.0 billion, non-markup income of PKR 4.1 billion (+132% YoY), and Profit After Tax of PKR 5.82 billion (+61% YoY) — a record — with operating expense growth contained at 11.3%. The bank is regulated by the State Bank of Pakistan and listed on the Pakistan Stock Exchange under the ticker BOK.

Name

Bank of Khyber

Legal name

Bank of Khyber

Website

https://bok.com.pk

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Bank of Khyber is a publicly listed Pakistani commercial bank founded in 1991 and headquartered in Peshawar, offering conventional and Shariah-compliant (Raast) banking products across personal, SME, corporate, agricultural, and microfinance segments throughout Pakistan.

Ownership category

akta.pro rank

Headquarters

HQ city

Peshawar

HQ country

Pakistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Distribution channels5 records

Marketing channels3 records

Core offering

Bank of Khyber is a Pakistani commercial bank offering conventional and Islamic (Raast) banking services across Pakistan. Core products include personal deposit and savings accounts, term deposits, consumer finance (auto, salary, home, solar), SME term financing, agricultural loans, corporate and syndicate banking, trade finance, treasury operations, investment banking, home remittances, and women-focused financial services, delivered through branch, digital, and ATM channels.

Product overview

Bank of Khyber operates as a conventional and Islamic (dual) banking institution offering a comprehensive portfolio across Personal Banking, Digital Banking, Business/SME Banking, and Islamic Banking (Raast). The core banking structure includes conventional consumer finance products (BOK Foree Car, BOK Salary Sahara, BOK Suhana Ghar) alongside Islamic alternatives under the Raast brand (Raast Car Ijarah, Raast Car Diminishing Musharakah, Raast Home Musharakah, Raast Consumer Murabaha, Raast Musharakah Personal Finance). The Islamic banking platform provides Shariah-compliant deposit accounts (Raast Asaan, Raast Fempower, Raast Savings, Raast Current), term deposit certificates (Khyber Pak Munafa Scheme, Riba Free Special Deposit Certificates, Riba Free Special Deposit Scheme Corporate), and specialized financing (Raast Roshan Ghar for solar, Mera Pakistan Mera Ghar for housing, government micro finance schemes). Business banking encompasses SME term financing (BoK SAAF), Agri Finance (tractor, livestock, tube well loans), Corporate & Syndicate Banking, Investment Banking, and Trade Services. Digital Banking channel includes internet/mobile banking via Temenos platform, WhatsApp Banking, and card products (Mastercard, JCB PayPak, PayPak). The bank also offers treasury services, home remittances (SOHNI DHARTI Program), and convenience services (Saturday Nonstop Banking, Safe Deposit Lockers, IBAN Generator, Loan Calculators).

Differentiator

Problem solved

Functional benefit

Brands

• Raast Islamic Banking: Islamic banking division of Bank of Khyber offering Shariah-compliant products including deposit accounts, consumer finance, and SME banking under Islamic principles.

Products and services

• Personal Banking Comprehensive personal banking services including deposit accounts (current, savings, pensioner), term deposits, home remittances, micro finance, and consumer finance products for individual customers in Pakistan.
• Digital Banking Digital banking channel providing internet and mobile banking, WhatsApp banking, ATM network, SMS alerts, and digital card solutions including Digital Mastercard, Mastercard Debit Card, JCB Co-Badged, and PayPak Debit Cards for retail and SME customers.
• Business Banking / SME Banking Business and SME banking services including term financing, SME Asaan Finance (BoK SAAF), and subsidized government loan schemes such as Refinance Scheme, SME Modernization Finance Program, Women Entrepreneurs Refinance, and PM Youth Business & Agriculture Loan Scheme for small and medium enterprises.
• Agri Finance Agricultural financing products including tractor and farm machinery loans, livestock loans, dairy storage schemes, tube well loans, Sada Bahar Zarai loan, Apiculture & Sericulture loans, and Markup Subsidy & Risk Sharing Scheme for Farm Mechanization for farmers and agricultural businesses.
• Raast Islamic Banking Shariah-compliant Islamic banking division of Bank of Khyber offering complete Islamic banking products and services under the Raast brand, including deposit accounts, consumer finance, SME banking, and agri finance structured on Mudarabah, Musharakah, Murabaha, and Ijarah principles for Shariah-conscious customers and businesses.
• Consumer Finance Conventional personal financing products including BOK Foree Car (vehicle financing), BOK Salary Sahara (salary-based financing), BOK Suhana Ghar (home financing), and BOK Roshan Ghar Scheme for individual personal financing needs.
• Corporate & Syndicate Banking Corporate banking services including working capital finance, long term finance, and corporate trade finance for large commercial clients in Pakistan.
• Investment Banking Investment banking services for capital markets activities, project financing, and advisory services for corporate clients.
• Trade Services Trade finance services including letters of credit, guarantees, and other trade-related banking products for importers, exporters, and corporate clients.
• Treasury & Institutional Banking Treasury operations including treasury products and services for financial institutions including corresponding bank relationships and interbank market activities.
• Home Remittances Services International money transfer services including SOHNI DHARTI Remittance Program (SDRP) for receiving remittances from abroad for Pakistani diaspora families and beneficiaries.
• Government Initiatives Micro Finance Schemes Government-sponsored micro financing including Prime Minister's Kamyab Jawan Scheme, Khud Kafalat Scheme, Insaf Rozgar Scheme, Ehsaas Naujawan Programme, Maizban Tourism Project, and Khyber Karobar Support Program for entrepreneurship, youth employment, and women empowerment.
• Women Financial Services (Fempower) Women's financial services offering Fempower Account (conventional) and Raast Fempower Account (Islamic), along with women entrepreneurship financing and women refinance schemes to support women's financial empowerment and inclusion in Pakistan.
• Mastercard Debit Card and Digital Mastercard Mastercard-branded debit cards including the Digital Mastercard, providing domestic and international payment and ATM access for BOK account holders.
• PayPak Debit Card and JCB PayPak Co-Badged Debit Card PayPak national domestic debit card with promotional campaigns, plus a JCB PayPak Co-Badged Debit Card enabling both local (PayPak) and international (JCB) acceptance for BOK account holders.

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Meezan Bank: Pakistan's largest dedicated Islamic bank. Most direct competitor to BoK's Raast Islamic franchise; both vie for Shariah-conscious depositors and Islamic financing customers across consumer, SME, and corporate segments.
• Allied Bank Limited: Listed Pakistani commercial bank with overlapping personal, SME, corporate, and Islamic banking products. Comparable mid-to-large tier peer competing for similar deposit and lending customers.
• MCB Bank: Large listed Pakistani commercial bank with a similar mix of personal, SME, corporate, and Islamic banking. Comparable in scale tier above BoK and competing for the same mass-affluent and SME customer base.
• Bank Alfalah: Large private-sector Pakistani bank with personal, SME, corporate, Islamic (Alfalah Islamic), and digital banking. Comparable peer across digital banking, Islamic windows, and SME/government scheme distribution.
• Habib Bank Limited (HBL): Pakistan's largest commercial bank offering personal, SME, corporate, Islamic, and digital banking. Directly comparable as a full-service commercial bank competing for the same customer segments, including Islamic banking where HBL also operates a dedicated window.
• BankIslami Pakistan: Listed Pakistani Islamic commercial bank offering similar Shariah-compliant deposit, consumer, and SME products. Direct peer in the Islamic retail and SME niche where BoK competes under the Raast brand.
• Faysal Bank: Listed Pakistani bank operating conventional and Islamic (Faysal Islamic) banking with similar dual-window structure. Direct peer in Islamic deposit mobilization, consumer finance, and SME lending.
• United Bank Limited (UBL): Major Pakistani universal bank with comparable personal, SME, corporate, Islamic, and digital banking offerings. Competes head-to-head with BoK for corporate and retail deposits and lending mandates across Pakistan.
• National Bank of Pakistan (NBP): State-linked commercial bank with nationwide branch network offering personal, SME, agricultural, and corporate banking. Direct peer given overlapping government scheme distribution and similar product breadth.

Broad incumbents

• Standard Chartered Bank Pakistan: International bank operating in Pakistan with corporate, trade finance, and wealth offerings. Broader incumbent with stronger international trade and correspondent banking; competes with BoK's Corporate & Syndicate and Trade Services lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TheBankofKhyber
• YouTubeyoutube.com/@BankofKhyberBoK
• Facebookfacebook.com/BankofKhyber
• LinkedInlinkedin.com/company/bankofkhyber
• Instagraminstagram.com/bankofkhyber

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bank of Khyber