English | دری

Investment capital of $20mn required for foreign banks opening in Afghanistan

in Afghan Business

Investment capital of $20mn required for foreign banks opening in Afghanistan

Da Afghanistan Bank (DAB), Afghanistan’s Central Bank, has changed how get levitra canada regulations for foreign banks following closure of the Standard Chartered Bank and Punjab Bank in Afghanistan.

The investment capital needed for a foreign bank to start up in Afghanistan is increased from USD 5mn to USD 20mn.

This comes as foreign banks’ performance in Afghanistan has levitra online canadian pharmacy shown a decline in Afghanistan and two major banks closed their operations in Afghanistan.

A number of economic analysts have expressed concerns that withdrawal of foreign buy cialis mexico banks could dissuade further foreign investment in Afghanistan.

In the meantime, the Afghanistan Banks Association (ABA) do not see any negative consequences arising from the exodus investment capital requirement.

“At the moment, our domestic private banks are doing well. But the services provided by foreign banks in Afghanistan are very limited, therefore, they have decided to leave Afghanistan, but it does not affect our economy,” Tolo News quotes deputy executive director of ABA Najibullah Amiri.



Related Articles

Status update on development plans for Baghlan’s public

Baghlan’s District and Provincial Governor Offices (DGOs and PGO) presented their development plans for the province’s various districts over the

Sakeena Yaqoubi receives the WISE prize for her contribution to Afghanistan’s education

Sakeena Yaqoubi, popularly known as Afghanistan’s mother of education, received the 2015 World Innovation Summit Education (WISE) prize for Education

Mine revenue in Badakhshan down by 90% in past 2 years

Revenue from mining industry in northeastern Badakhshan has plummeted by 90% in the past two years. The provincial mines department

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china Cheap eBooks Buy eBooks Online Discount eBooks Cheap eBooks Buy eBooks Online Discount eBooks Cheap eBooks Buy eBooks Online Discount eBooks cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china