Bank of Azad Jammu and Kashmir

Bank of Azad Jammu & Kashmir (BAJK) is a state-owned commercial bank operated by the Government of Azad Jammu and Kashmir, with its headquarters in Muzaffarabad.[3] It was founded in 2005.[4]

As of July 2025, BAJK had a network of 88 branches.[5]

History

BAJK entered into an agreement with a consortium of national and international companies for the procurement of core banking and digital channels software. It also signed a MoU with Silverlake.[5][6]

Assets

The total assets of the bank reached and deposits in the first 9 months of the 2025 calendar year as said by Ghulamullah Kiyani, spokesperson of BAJK.

See also

  • Economy of Azad Kashmir

References

  1. 'Bank of Azad Jammu & Kashmir Management'^
  2. 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. 'All stakeholders must patronise AJK bank' - The Express Tribune 29 September 2012^
  5. Tariq Naqash. AJK bank inks deal with global consortium for core banking, digital transformation Dawn, 2025-07-13, retrieved 2026-04-15^
  6. Bank of AJK signs MoU with Malaysian firm Dawn, 2025-05-30, retrieved 2026-04-15^