Bank of Azad Jammu & Kashmir

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Bank of Azad Jammu & Kashmir آپ کی پہچان
Founded2005; 18 years ago (2005)
HeadquartersMuzaffarabad, Azad Kashmir
Key people
Khawar Saeed,[1] President & CEO
ProductsBank Loans, credit cards, savings accounts, consumer banking etc.
Total assetsIncrease Rs. 28.4 billion (US$98 million)[2] Q3 FY22

Bank of Azad Jammu & Kashmir is the state-owned bank of Government of Azad Kashmir which is based in Muzaffarabad, Azad Kashmir.[3][4] It was founded in 2005.[4][5]

BAJK is a fast growing commercial bank operating across the state of Azad Jammu & Kashmir with a network of 84 branches.[6] The Bank is a wholly owned corporate entity of the Govt. of Azad Jammu & Kashmir mandated to mobilize private savings and public funds for diverting them to productive channels; promote industrial, agriculture, rural micro financing and other socio economic activities through active participation of private and public sectors and help under-developed areas, create employment opportunities and to assist overseas Kashmiris to effectively and profitably invest their savings in the State. The bank has a number of liability and assets products customised to fulfils the banking needs of people. The Bank believes that equal access to resources in the economy is smart economics and a powerful means of poverty reduction and a path to faster socio economic development. That is why the Bank has launched an innovative scheme of microfinance for those who have limited or no access to financial resources.[7]

Record high assets[edit]

The total assets value of the bank reached the highest level Rs. 28.4 billion (US$98 million) in the first six months of the 2022 calendar year, hence setting a record in the institutions 15-year history.[2]

President/ CEO Bank of Azad Jammu and Kashmir

See also[edit]


  1. ^ "'Bank of Azad Jammu & Kashmir Management'".
  2. ^ a b "AJK bank assets' value swells to 15-year high". 29 September 2022.
  3. ^ "AJK bank seeks scheduled status - The Express Tribune". 21 February 2016.
  4. ^ a b "About Us". Archived from the original on 2017-05-27. Retrieved 2017-05-22.
  5. ^ "'All stakeholders must patronise AJK bank' - The Express Tribune". 29 September 2012.
  6. ^ "Branch network". Bank of AJK.
  7. ^ "Bank of AJK". Retrieved 2023-07-20.