Peshawar, Pakistan – In a significant show of support for the China-Pakistan Economic Corridor (CPEC), the Bank of Khyber (BoK) has taken proactive measures to assist investors by expanding its branch network to strategic locations such as the Rashakai Economic Zone and Jalozai. Acting Managing Director Irfan Saleem Awan expressed BoK’s commitment to facilitating investors and fostering development through CPEC. His comments were made during a recent visit to China Window, a Chinese cultural and information center in Peshawar, where he lauded the China-Pakistan friendship as a model for global cooperation.
The Bank of Khyber’s recent branch openings aim to address the growing financial needs of businessmen and investors in Khyber Pakhtunkhwa (KP), especially those involved in CPEC projects. By establishing branches in these key areas, BoK is positioning itself as a significant contributor to the region’s economic transformation. The bank’s presence in Rashakai Economic Zone and Jalozai underlines a focus on providing tailored financial services to foster CPEC’s development in KP.
During his visit, Awan toured the center’s galleries, signed the friendship wall, and left a message in the guest book, describing his experience at China Window as akin to stepping into a Chinese city. Reflecting on the enduring strength of China-Pakistan relations, Awan remarked, “China’s unwavering support for Pakistan, especially in challenging times, is a source of pride for us. The recent investments, particularly in KP, are opening new doors of prosperity and development for the province.”
Awan also highlighted the special bond between the two nations, referencing Chinese President Xi Jinping’s description of Pakistan as an “iron brother.” According to Awan, this term encapsulates the spirit of cooperation, trust, and mutual respect that has characterized China-Pakistan relations over the decades.
In an era of evolving global alliances, the Bank of Khyber’s dedication to supporting CPEC is emblematic of Pakistan’s broader efforts to welcome foreign investment and partnerships, particularly from China. This commitment is set to empower investors and further strengthen the bilateral relationship, contributing to a shared vision of prosperity for both nations.
As CPEC continues to play a transformative role in Pakistan’s economic landscape, BoK’s support and facilitation of projects within KP underline the pivotal role the banking sector can play in national development and regional connectivity.
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