WASHINGTON - About $155 million in deposits have been withdrawn from Afghanistan’s largest bank in just the last two days, spurring fresh concerns among U.S. and Afghan officials that a financial ...
KABUL, Afghanistan (AP) - Afghan President Hamid Karzai reassured nervous customers at the troubled Kabul Bank on Thursday, saying every penny of their deposits would be guaranteed by the government.
A top banker in Afghanistan has voiced his fears that more local lenders are running the type of pyramid schemes that toppled Kabul Bank and that threaten to bring the entire Afghan economy to a ...
ISLAMABADISLAMABAD — The Islamic State group claimed responsibility for a deadly bombing that targeted people trying to collect their salaries at a bank in southern Afghanistan. The bombing Thursday ...
Afghanistan’s economy is showing modest signs of growth after two years of severe contraction, the World Bank said. In its latest development update issued late Wednesday, the financial institution ...
KABUL (Reuters) - Afghanistan's second-biggest private bank denied on Monday it was facing collapse and said it had strong liquidity after lawmakers suggested it was headed for the same fate as ...
We all know that Iraq is bad but to hear many experts tell it, Afghanistan is the genuine headache of the age, military and economic. With the struggling economy as much a battleground for hearts and ...
KABUL, Afghanistan (AP) — Political interference stymied an investigation into the collapse of Afghanistan’s largest bank, according to an independent report of how the men at Kabul Bank and their ...
kabul - Afghanistan's Central Bank has taken control of the country's biggest and most politically potent private bank and ordered its chairman to hand over $160 million worth of luxury villas and ...