27 November 2006
Muzaffarabad: Prime Minister of Azad
Jammu and Kashmir
Sardar Attiq Ahmad Khan on Monday inaugurated the first commercial bank of the
AJK. Talking to journalists, he said AJK would be the economic hub of the
region in the near future because of initiation of economic cooperation between
the two parts of the region as a result of the ongoing dialogue between
Pakistan
and
India. 'The
establishment of the bank will usher in an era of prosperity and stability for
the people of the region,' he remarked, adding that it would provide facilities
for expatriate Kashmiris. He appealed to oversees Kashmiris to invest in
Kashmir
to promote tourism, hydropower generation and industries in the area. The
bank’s Managing Director Mumtaz Ali said it would begin online and Islamic
banking with branches across
Kashmir.