Bank of Khyber has formally injected Rs. 1 billion into its subsidiary, BOK Currency Exchange Company (Pvt) Limited, with shareholders ratifying the increase in paid up capital at the bank’s 35th annual general meeting.
The key development is the capital injection aimed at strengthening the exchange company’s financial base and ensuring compliance with the Regulatory Framework for Exchange Companies. The move had already been approved by the board and was formally endorsed by shareholders as special business during the AGM held on March 30, 2026.
According to the certified resolution, the bank stated that the Rs. 1 billion capital support was made in line with regulatory requirements and is intended to reinforce the operational and capital strength of its exchange business.
The move comes as regulators continue to tighten oversight and capitalization standards for exchange companies, with banks increasingly strengthening subsidiary structures to meet compliance benchmarks and support foreign exchange operations.
The fresh capital is expected to enhance the subsidiary’s ability to expand services, improve liquidity management, and operate more effectively within Pakistan’s regulated exchange market.
The resolution was disclosed to the Pakistan Stock Exchange as part of regulatory requirements to inform investors and the market.