Bank of Azad Jammu & Kashmir

Bank of Azad Jammu & Kashmir is the state-owned bank of Government of Azad Kashmir which is based in Muzaffarabad, Azad Kashmir. It was founded in 2005.

BAJK is a fast growing commercial bank operating across the state of Azad Jammu & Kashmir with a network of 84 branches. The Bank is a wholly owned corporate entity of the Govt. of Azad Jammu & Kashmir mandated to mobilize private savings and public funds for diverting them to productive channels; promote industrial, agriculture, rural micro financing and other socio economic activities through active participation of private and public sectors and help under-developed areas, create employment opportunities and to assist overseas Kashmiris to effectively and profitably invest their savings in the State. The bank has a number of liability and assets products customised to fulfils the banking needs of people. The Bank believes that equal access to resources in the economy is smart economics and a powerful means of poverty reduction and a path to faster socio economic development. That is why the Bank has launched an innovative scheme of microfinance for those who have limited or no access to financial resources.

Record high assets
The total assets value of the bank reached the highest level in the first six months of the 2022 calendar year, hence setting a record in the institutions 15-year history.