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.
Pedestrians walk past the Kabul Bank in Kabul on September 1, 2010. Afghanistan's central bank governor said that the country's biggest bank, Kabul Bank was in no danger of collapse following ...
The attorney general, Mohammad Farid Hamidi, must contend with a political elite that has seen law enforcement as a net to entangle rivals and make money. By Mujib Mashal President Ashraf Ghani ...
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 ...
KABUL - The United States and Afghan President Hamid Karzai are at odds over a proposed investigation into Kabul Bank and how to clean up the tottering but politically connected financial institution, ...
KABUL - With crowds again besieging Afghanistan's largest private bank after a day's respite for Friday prayer, Afghan authorities on Saturday grasped for a plan to shore up tottering Kabul Bank and ...
After assuming office in late September, Afghan President Ashraf Ghani announced that the fight against corruption would be a priority. He showed his intent by reopening the case of the Kabul Bank, ...
In a bid to fend off the threat of a nationwide financial crisis, the Afghan and U.S. governments tentatively agreed yesterday to bail out Afghanistan's largest bank, according to Afghan and U.S.
Top executives at Afghanistan's largest private bank resigned this week amid allegations of gross mismanagement. That left the government scrambling to calm fears and prevent a run on the bank. You ...
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