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Afghanistan’s Banking Sector: A Look at the Private Banks

Kabul, Afghanistan

As the Afghan economy continues to grow, so does the demand for financial services. In this article, we take a closer look at some of the private banks operating in the country.

Islamic Bank of Afghanistan (IBA)

  • Licensed on March 18, 2009
  • Headquartered in Shahr-é-Naw, Kabul
  • Committed to providing Shariah-compliant financial services to its customers
  • CEO: Amir Khalil Rahman (+93 (0) [phone number], info@ibafg.af)

Maiwand Bank

  • Established in 2008
  • Headquartered in Charrahi Torabaz Khan, Kabul
  • Offers a range of financial services to individuals and businesses
  • CEO: Mr. Ahmad Munir Nawid (+93 (0) 202700300, info@maiwandbank.com)

Afghan United Bank

  • Licensed on October 4, 2007
  • Headquartered in Turbazkhan Square, Share-é-Now, Kabul
  • Offers a range of financial services to its customers
  • Acting CEO: Mr. N.S Narayan Rao (+93 (0) 202203834, info@afghanunitedbank.com)

The First Micro Finance Bank

  • Established in 2004
  • Headquartered in FMFB-A Head Office, Lane 8 Kolola Pushta Road, District 4, Kabul
  • Focuses on providing financial services to low-income individuals and small businesses
  • CEO: Mr. Ziauddin Haidari (+93 (0) 705010104, info@fmfb.com.af)

Ghazanfar Bank

  • Licensed on March 1, 2009
  • Headquartered in Shar Pur Main Road, Kabul
  • Offers financial services to individuals and businesses
  • CEO: Mr. Khesrow Fazli (+93 (0) 202101111, info@ghazanfarbank.com)

National Bank of Pakistan

  • Operates in Afghanistan under license No. 24201, issued on October 1, 2003
  • Headquartered in Wazir Akbar Khan, Kabul
  • Offers financial services to individuals and businesses
  • CEO: Mr. Tahir Jamil (+93 (0) 0202302729, nbpkbl.operations@yahoo.com)

Bank Alfalah Ltd

  • Operates in Afghanistan under license No. 21401, issued on May 21, 2005
  • Headquartered in Shahr-é-Now, 4th District, 1st Zone, Kabul
  • Offers financial services to individuals and businesses
  • Country Manager: Mr. Awais Akram (+93 (0) 202203362, naeems@bankalfalah.com)

In addition to these private banks, there are also non-bank institutions operating in Afghanistan, including:

List of Licensed Electronic Money Institutions (EMIs)

For a complete list of licensed electronic money institutions in Afghanistan, please click here.

List of FX Dealers

For a complete list of FX dealers operating in Afghanistan, please click here.