Private banks not letting customers withdraw their money
KABUL (SW) – While the Da Afghanistan Bank has increased the amount of cash withdrawal limits to 600 dollars and 50,000 afghanis per week, customers of
Tag: Banks
Banking sector restrictions make life difficult in the countryside
TARINKOT (SW) – The banking sector restrictions have made life difficult for residents across Afghanistan, particularly in the remote and rural areas. A number of
Businessmen stage protest against banking restrictions
KABUL (SW) – Hundreds of Afghan businessmen gathered in front of a private bank in Kabul to protest against banking restrictions. They told Salam Watandar
Banking services gone from bad to worst, says Kabul residents
KABUL (SW) – Kabul residents say banking service have gone from bad to worst in the past few months.
Restrictions on financial transactions irk traders
MONITORING (SW) – Traders and investors believe the existing restrictions on financial transactions imposed by the Islamic Emirate are harming their businesses.
Traders face grim challenges on international transactions
KABUL (SW) – Traders say they continue to face an array of problems in transactions of funds from and to abroad.
Isolation of economy leading to extremism threats to Afghanistan, region
MONITORING (SW) – The isolation of the Afghan economy following last August’s political crisis risks erasing development gains achieved over the past two decades, leading to grave poverty, displacement, fragility, and extremism threats to Afghanistan, the region, and the world, says the World Bank’s new Afghanistan Development Update.
Da Afghanistan Bank announces lifting restrictions
KABUL (SW) – The Da Afghanistan Bank has announced that restrictions on the salaries of government and non-government employees have been lifted in accordance with the strategic restructuring plan for the financial and banking sector.
US authorizes commercial transactions with Afghanistan
MONITORING (SW) – The U.S. Treasury on Friday issued a new general license authorizing all commercial transactions with Afghanistan’s governing institutions, expanding recently announced exemptions from sanctions against the Taliban and the Haqqani network.
Analysts see Biden’s move of splitting Afghan state funds as detrimental
KABUL (SW) – Analysts see the US President Joe Biden’s move to split Afghanistan’s state reserves as detrimental to the country’s economy and future prospects.
US allows international banks to transfer money to Afghanistan
MONITORING (SW) – International banks can transfer money to Afghanistan for humanitarian purposes, and aid groups are allowed to pay teachers and healthcare workers at state-run institutions without fear of breaching sanctions on the Taliban, the United States said on Wednesday.
Bank ATM machines to go operational
KABUL (SW) – The central bank, Da Afghanistan Bank, announced on Saturday that the ATM machines would become operation from today onward.
