Peshawar: October 24,2024: Irfan Saleem Awan, the Acting Managing Director of the Bank of Khyber, has praised the strong and enduring friendship between China and Pakistan, calling it a global model of cooperation. He noted that China’s significant investments in Pakistan, particularly in Khyber Pakhtunkhwa, are propelling the province into a new era of development and prosperity. Awan shared these remarks while speaking to the media during his visit to China Window, a Chinese cultural and information center in Peshawar.
During his visit, Irfan Saleem Awan toured the various galleries, signed the friendship wall, and left his comments in the guest book. He remarked that being at China Window felt like stepping into a Chinese city. He emphasized that China has consistently supported Pakistan in times of need, and this enduring friendship is a source of pride for Pakistanis. President Xi Jinping’s reference to Pakistan as an “iron brother” further solidifies the bond between the two nations.
Awan also mentioned that the Bank of Khyber is ready to provide full support and assistance to investors involved in CPEC (China-Pakistan Economic Corridor) projects. The bank has opened branches in key locations like Rashakai Economic Zone and Jalozai, specifically to cater to the needs of businessmen and investors, ensuring ongoing contributions to CPEC’s development.
Regarding the bank’s performance, Awan said that as a government institution, the Bank of Khyber is committed to providing all possible banking services for the province’s economic growth and its customers. The bank is launching several initiatives, including interest-free loans, to support its customers, especially the youth. He said that the repayment rate for small loans has been satisfactory, and the bank is focusing on expediting loan disbursement.
On the topic of opening accounts, Awan explained that, like all banks, they must adhere to the regulations of the State Bank of Pakistan. While this may result in some delays, there are no significant obstacles, and the bank’s staff is dedicated to assisting customers efficiently. He added that the bank’s financial reserves and strong performance reflect its ongoing progress, with plans to expand its branch network and introduce new products.
