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Bank of Azad Jammu and Kashmir

Government owned bank From Wikipedia, the free encyclopedia

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]

Industry
Founded2005; 21 years ago (2005)
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Bank of Azad Jammu & Kashmir (BAJK)
TypeState-owned
Industry
Founded2005; 21 years ago (2005)
HeadquartersMuzaffarabad, Azad Kashmir
Key peopleShahid Shahzad Mir[1] (President & CEO)
ProductsBank Loans, savings accounts, consumer banking
Total assetsIncrease Rs. 58.12 billion (US$210 million)[2] (Q3 FY22)
Websitebankajk.com
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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 Rs. 58.12 billion (US$210 million) and deposits Rs. 47.18 billion (US$170 million) in the first 9 months of the 2025 calendar year as said by Ghulamullah Kiyani, spokesperson of BAJK.[citation needed]

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