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Afghanistan Banks



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Afghanistan International Bank Afghanistan International Bank (AIB) is a local commercial bank in Afghanistan, with its head office in Kabul. The bank has seven branch offices in the major cities of the country.
AIB has international shareholders, two Afghan business groups, one Afghan/American business group and the Asian Development Bank.
AIB operates primarily as a commercial wholesale bank and targets, among others, multilateral organizations, UN entities, NGOs, embassies, foreign military forces, Afghan governmental institutions, foreign and domestic companies, to become their clients.
Opened in 2004, AIB is one of the first home-grown Afghan commercial banks to be set-up in the last 23 years. The bank operates from AIB House, which is located in Wazir Akbar Khan district of Kabul City. Bank has its branches in Mazaar-e-Sharif, Herat, Kandhar, Jalalabad and Kabul city.
Afghanistan International Bank was initially capitalised at US $10 million and has now grown to US $80 million. It aims to become a model bank in Afghanistan, established and managed in accordance with international best practice.
AIB evolved into a fully operational commercial bank, offering a broad range of products and services including access to ATMs and Internet banking for local and foreign customers.
The bank provide trade finance services, payment transfers and take deposits from small and medium sized enterprises. The bank also offers lending products for both foreign corporations and local small and medium sized enterprises.
Arian Bank - Iran Full - Fledged Commercial Bank
Azizi Bank Azizi Bank is the name of a commercial bank in Afghanistan, which has its main branch in Kabul. It also has branches in many provinces of the country. The bank opened in June, 2005 and is named after its chairman, Mirwais Azizi. A villa adjacent to the Presidential Palace has been purchased and converted for the bank's use.
The bank's accounts include the Qismat or "lucky" account, launched in August 2005, which pays no interest in accordance with Islamic law, but instead gives savers the chance of winning prizes such as cars and jewelry.
Bank Alfalah Limited Foreign Commercial Bank
Bank-e-Millie Afghan State owned Commercial Bank
BRAC Afghanistan Bank (BAB) As war ended in Afghanistan in late 2001, the senior management team of the Bangladesh Rural Advancement Committee (BRAC) NGO, one of the largest development finance institutions in the world, saw the opportunity to share the organization's knowledge and expertise with others in challenged environments and founded BRAC Afghanistan NGO in May 2002. The creation of BRAC Afghanistan Bank followed four years later.
BRAC Afghanistan Bank (BAB) is the fourteenth scheduled bank in Afghanistan. It received its license from Da Afghanistan Bank (the Central Bank of Afghanistan) on September 28, 2006 and began operations on October 4, 2006. The main focus of BAB is small business lending but its portfolio has expanded to include a range of credit and savings products. The bank’s extension into the small business sector is a natural follow-on to the NGO’s significant development activities, including microfinance lending. BAB maintains one branch and three sub-branches in Kabul. Client segments include retail and corporate depositors and small business clients.
Da Afganistan Bank (Central Bank) Mission Statement: To serve as a modern central bank of Afghanistan with primary responsibility for providing monetary (price) stability for Afghanistan and developing a sound financial services sector.
Development Bank of Afghnaistan Full - Fledged Commercial Bank
Export Promotion Bank State owned Commercial Bank
Habib Bank Ltd - Pakistan Foreign Commercial Bank
Kabul Bank Full - Fledged Commercial Bank
National Bank of Pakistan Foreign Commercial Bank
Pashtany Bank State owned Commercial Bank
Punjab National Bank - India Foreign Commercial Bank
Standard Chartered Bank Foreign Commercial Bank
The First MicroFinanceBank Full - Fledged Commercial Bank
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Above may be not an exhaustive list of banks in this country. Also, the information might be outdated or wrong.

Some of the information placed above may have been taken from:
Wikipedia
www.quazell.com/bank
www.business.com
www.yemensites.com
www.hivietnam.biz
www.banks.az
mbendi.co.za

Information from Wikipedia is available under the terms of the GNU Free Documentation License.





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