Tag "Noorullah Delawari"
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Afghan Lower House to vote on Anti-Money Laundering Law next week
The Afghan Lower House committees will vote on the Anti-Money Laundering and Financing Terrorism Prevention Laws next Wednesday. After approval from the Lower House, the Laws would be submitted to the Senate to decide whether or not to send it
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Afghanistan close to be blacklisted by the Financial Action Task Force (FATF)
Afghanistan was threatened by the Financial Action Task Force (FATF) earlier this year for failing to pass key measures on combating money laundering. The threat by FATF, an international body that sets standards on how countries combat money laundering, is
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Afghanistan central bank dismisses SIGAR's report regarding possible banking crisis
Da Afghanistan Bank (DAB), Afghanistan’ central bank, rejects reports by the Special Inspector General for Afghanistan Reconstruction (SIGAR) that has warned of a possible banking crisis to loom. According to the report, DAB lacks the required ability to regulate commercial
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Afghanistan central bank dismisses SIGAR’s report regarding possible banking crisis
Da Afghanistan Bank (DAB), Afghanistan’ central bank, rejects reports by the Special Inspector General for Afghanistan Reconstruction (SIGAR) that has warned of a possible banking crisis to loom. According to the report, DAB lacks the required ability to regulate commercial
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Afghan banks required to establish links with US banks soon
The Afghan financial institutions are urged to establish links with a US bank to allow for an interrupted dollar transfer. This comes as the German Commerce Bank has announced to close its dollar accounts with Afghanistan within two months, if
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Central Bank of Afghanistan installs Creditinfo system
The World Bank was recently entrusted by the Central Bank of Afghanistan to issue an international tender for the setting up of its financial information system, which was won by the Creditinfo Group. Reynir Grétarsson, the CEO of Creditinfo, signed
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Banking Sector in Afghanistan-its growth and importance
Afghanistan’s Central Bank, Da Afghanistan Bank-DAB, is one of the leading and government recognized banks of Afghanistan, which was established in 1939. DAB regulates all the banking and money handling operations in Afghanistan. Addressing the 3rd Annual Countrywide Investment-CWI in
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Afghan market leaders deny Reuters report on “Stalking the Taliban in Afghan Currency Markets”
Afghan currency market officials strongly rejected a recent Reuters report alleging that Taliban are financed through some Afghan currency exchangers. Head of the Kabul Currency Exchange Market Najibullah Akhtari denied the involvement of currency dealers in serving Taliban financiers and
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Dilawari rejects the report by New York Times on the shipments of Afghan gold to Dubai
The governor of the central bank (Da Afghanistan Bank-DAB), Noorullah Delwari, denied large shipments of gold from the country to Dubai. The New York Times had published a report earlier this week about the large shipments of gold being flown
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Illegal outflow of money from Afghanistan affecting the currency
Da Afghanistan Bank Head Noorullah Delawari linked the recent depreciation of Afghani currency to the illegal outflow of foreign currency from Afghanistan crystallized by external factors including the US sanctions against Iran and the resultant pressure on the riyal. Mr.
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Kabul Bank properties to be sold in Dubai soon- Noorullah Delawari
Officials of Da Afghanistan Bank (DAB), Afghanistan’s Central Bank, say that the properties of Kabul Bank will be put out for sales in the next three weeks in Dubai city as per the orders of President Hamid Karzai. “A delegation,
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Afghani currency falls against foreign currencies
Afghani currency value hit its record low in a decade on Tuesday, with one dollar accounting for 55 AFN in the capital city. Governor of the Da Afghanistan Bank (DAB) Noorullah Delwari linked the drop in the Afghani currency value
Read MoreThe Islamic Republic of Afghanistan Signs agreement of (ETDB) – Istanbul
The Islamic Republic of Afghanistan has signed the Articles of Agreement establishing the ECO Trade and Development Bank (ETDB) in order to become a member of the Bank. The signing ceremony held on March 12, 2012, at the ETDB’s headquarter
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