Afghanistan International Bank

Afghanistan International Bank (AIB) is the largest, most profitable private bank in Afghanistan and the only Afghan bank with international transfer to all countries, with its head office in Kabul. The bank has thirty seven branch offices in the major cities of the country.[2] AIB has international shareholders, two Afghan business groups, one Afghan/American business group. It opened in 2004.[1]

Afghanistan International Bank
TypePrivate
Founded2004
HeadquartersAirport Road, BiBi Mahro , Kabul, Afghanistan
Key people
Anthony Barned (CEO)[1]
Websitewww.aib.af

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.

The bank operates from AIB House, which is located in Third Microryan, Hamid Karzai International Airport Road of Kabul City. Bank has its branches in Kabul, Mazar-e-Sharif, Herat, Kandahar, Jalalabad, Kunduz, Pole-e-Khumri, Helmand, Nimruz and Khost.

Afghanistan International Bank holds $790 million in deposits — about 20% of Afghanistan’s deposit base.[1] The Wall Street Journal has described the company as "one of the country's biggest lenders"[3] (in Afghanistan).

References
  1. "How to survive as a bank in Afghanistan". The Economist. 23 November 2017. Retrieved 24 November 2017.
  2. AIB.af
  3. Trofimov, Yaroslav (June 13, 2013). "Afghan Banks Face New Dollar Troubles". The Wall Street Journal. Retrieved 4 April 2015. (subscription required)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.