KABUL International Bank (AIB) to help the bank boost its commercial lending.
In a statement, the World Bank said IFC envisages aiding the conflict-affected country’s recovery efforts by boosting financial inclusion, especially for small and medium enterprises (SMEs).
Afghanistan’s per capita income of $562 in 2016 was the lowest in Asia and among the 20 lowest in the world.
According to World Bank Group estimates, 96 percent of the Afghan population does not have access to banking services.
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