BoP excels

2026-02-19 - 00:13

THE Bank of Punjab (BoP) has once again excelled by showing impressive performance in all its operations during the last year. Under the dynamic leadership of its President and CEO Zafar Masud, the bank achieved its highest-ever pre-tax profit of Rs. 35.80 billion in 2025, reflecting an exceptional 46% year-on-year growth. The bank’s total deposits surpassed the Rs. 2 trillion mark, achieving another significant milestone that reflects strong customer confidence and effective deposit mobilization strategies. A key driver of this growth was a 34% increase in current deposits, which rose to Rs. 476 billion, underscoring the Bank’s continued success in strengthening its low-cost funding base. The BoP, established in 1989, has emerged as the second largest public sector bank of the country due to its sound and innovative policies over the years. One must give credit to Mr. Zafar Masud, who, after his joining the institution in 2020, contributed a lot in taking the bank to the glory of success based on his wide and varied experience of over thirty years. He advanced the digital transformation agenda, making significant investments in technology, cybersecurity and data-driven innovation to enhance customer experience and operational efficiency. These strategic initiatives, supported by a diversified business model and a robust governance framework, enabled the Bank to deliver its highest-ever pre-tax profit last year. It is because of the hard work and sound strategies pursued by the President of the Bank and his team that the institution has lived up to the expectations in complementing the socio-economic agenda of the Punjab Government and a number of Federal Government-led initiatives. The bank has earned immense confidence of customers due to the quality of its service and this augurs well for its future.