Afghanistan International Bank

Summary

Afghanistan International Bank (AIB) is the largest 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
Company typePrivate
Founded2004
HeadquartersAirport Road, BiBi Mahro , Kabul, Afghanistan
Key people
Joseph Carasso Jr (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.

An ATM of Afghanistan International Bank in Kabul

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]

References edit

  1. ^ a b c "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)
  • Afghan Bankers' Delegation Visits Meezan House. The Nation. Accessed April 4, 2015. (subscription required)
  • Afghanistan International Bank Looks to UAE-Afghan Ties. CPI Financial. Accessed April 4, 2015. (subscription required)
  • Citi and Afghanistan International Bank Enter into Banking Agreement. Economics Week. Accessed April 4, 2015. (subscription required)

External links edit

  • Official website