KP Governor Directs Bank Of Khyber To Launch Student Scooter Financing Scheme

Faisal Karim Kundi also called for faster development of proposed agriculture, youth and solarisation financing programmes and instructed the bank to improve its mobile application for customers. PESHAWAR, (APP - UrduPoint / Pakistan Point News - 5th Nov, 2026) Governor Khyber Pakhtunkhwa Faisal Karim Kundi on Thursday directed the Bank of Khyber (BoK) to introduce an easy-installment scooter financing scheme for students and upgrade its mobile banking application to improve digital banking services across the province. He issued the directives while chairing a meeting on the affairs of the Bank of Khyber. Adviser to the Finance Minister Tariq Mahmood Pasha, Additional Chief Secretary Planning and Development Islam Zeb, Managing Director Bank of Khyber Hassan Raza and other relevant officials attended the meeting. The Governor was given a detailed briefing on various proposed financing schemes aimed at providing easy-term financial assistance to farmers, youth, entrepreneurs and other sectors. Governor Kundi said students of universities and other educational institutions should be provided scooters on easy installments through a dedicated financing scheme, adding that facilitating students with modern amenities remained among the government's priorities. He said agriculture was the backbone of the national economy and the province's development, stressing that financial support for farmers was essential. He added that shifting agricultural tube wells to solar energy had become inevitable due to prolonged electricity load-shedding in the province. The Governor also instructed Bank of Khyber officials to upgrade the bank's mobile application at the earliest to ensure faster, easier and more efficient digital banking services for customers.