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DAB hails issuance of new licence by US Treasury Dept

· 1 min read · 217 views

KABUL (Pajhwok): Da Afghanistan Bank (DAB) has welcomed the US Treasury Department’s decision to lift sanction on transactions with the Afghan government.

From today onwards, a statement from DAB said, private banks of the country could resume their activities with international financial institutions.

The central bank welcomed the issuance of Licence No. 20, allowing transactions with Afghan governing institutions, including DAB.

“The issuance of this licence helps promote and facilitate trade and Afghanistan would be able to conduct business transactions with the world,” DAB hoped.

DAB said the issuance of this licence provided the necessary facilities for private companies . . .

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