Bank of AJK to be got crowned with scheduled bank status soon: AJK Prime Minister

MIRPUR (AJK): Feb 13 (APP): Prime Minister of AJK Sardar Abdul Qayyum Niazi Sunday said that all necessary steps will be taken to secure the formal scheduled-bank status for Bank of Azad Jammu and Kashmir Bank soon.

He said “under the vision of the Prime Minister of Pakistan, Imran Khan, AJK government is taking concrete steps for the welfare of the masses”.

The PM expressed these views while talking to Muhammad Khurshid Khan, Senior Vice President, National Bank of Pakistan, Syed Akhtar Ali Shah, and Regional Head in the federal metropolis on Sunday. The Finance Secretary Ismatullah Shah was also present on the occasion.

The Prime Minister said that AJK Bank has branches all over Kashmir and after obtaining the status of Scheduled Bank, its branches will be opened all over Pakistan in Gilgit-Baltistan and then in the Gulf countries in the second phase.

He stressed the need to promote AJK Bank to strengthen the IT sector. He said that we have the example of neighboring China where the standard of living of the lower class has been raised in 30-40 years and that is why today China is a superpower.

He said the government has focused its attention for the wellbeing and development of the middle class and it is the vision of the Prime Minister of Pakistan Imran Khan.

He said that according to Imran Khan’s vision, extending loans to the people for the construction of houses would boost the economy and it would also help the construction sector and the government would provide subsidies in this regard.

The delegation thanked the Prime Minister and assured him of their full cooperation in this regard.

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