Kabul to launch credit registry system to manage loans
Funded by the World Bank, the project is being implemented by the Da Afghanistan Bank (DAB) at a total cost of USD 2.5mn.
Deputy Chief of DAB said the system would enable financial organizations to have accurate information about their credits through an online system.
Made to record and analyze credit information, the new system would also be made available to non-financial organizations such as telecom companies, insurance offices, judicial organs and small enterprises.
Nisar Ahmad Yousafzai, Head of the public credit registry, called on all the commercial banks to use the system to effectively manage loans and improve banking system.
Iranian government has announced its agreement to distribute lands to Afghan businessmen at the Chahbahar port in Iran, where they
A new hospital and three schools were officially declared open and handed over to Takhar province on Thursday. In Rustaq
Afghanistan’s Ministry of Mines says that the recent survey on the natural resources of Afghanistan by the U.S. Geological Survey