Cash recovered from individuals in the previous government has been transferred to a special account of the Ministry of Finance (MoF), a statement from Da Afghanistan Bank (DAB) said on Sunday. The cash was recovered from previous government…
Da Afghanistan Bank (DAB) has prepared a plan based on which traders would be able to transfer money through commercial banks using Telegraphic Transfer (TT) method. After the fall of Kabul into the control of Taliban on August…
The Taliban handed over $12 million they recovered from residencies of former Afghan officials to the Da Afghanistan Bank (DAB), a well-placed source said on Wednesday. According to the DAB source, besides millions of dollars, some gold and…
The Taliban have confirmed confiscating more than $6.5 million and 18 gold bricks from the house of former vice-president Amrullah Saleh and handed them over to the Da Afghanistan Bank (DAB). A video goes viral on social media,…
Da Afghanistan Bank (DAB) or central bank on Sunday said that withdrawal of $200 or 20,000 afghanis once a week from banks by people was a temporary solution and banks would resume their normal operations gradually. Mullah Abdul…
The US has frozen nearly $9.5 billion in assets belonging to the Afghan central bank and stopped shipments of cash to the nation. The action was aimed to keep a Taliban-led government from accessing the money, a US…
Da Afghanistan Bank (DAB) on Tuesday said the afghani gained two percent value against the US dollar and that the process of distributing new banknotes has been started through different banks. As part of the government accountability process,…
KABUL Bank (central bank) has rejected media reports regarding electricity blackout, saying some security cameras went off for some time due to a technical problem. Earlier, media outlets reported that the bank experienced the first electricity outage for at…
KABUL Bank (DBA) acting Governor Ajmal Ahmadi’s behavior with his deputies was against law and administrative principles, urging legal action against Ahmadi. Four days back, DAB dismissed four of its employees, including the second deputy governor of the DAB over…
KABUL Bank (DAB) or the Central Bank, according to a statement on Saturday. Ajmal Ahmadi was formerly Minister of Commerce and close aide to the President. The civil society organisations also raised questions about his recent actions in removing…
KABUL Bank (DAB) acting president Ajmal Ahmadi has terminated his deputy and some officials of the bank on corruption charges. DAB deputy head Mohammad Qaseem Rahimi on his Facebook page wrote that he was fired by Acting DAB Head…
KABUL Bank or DAB) and the Attorney General Office (AGO) on Thursday inked an agreement on sharing information about money-laundering, counter-terrorism and other crimes. Wahidullah Nawsher, DAB deputy director, talked about the importance of the agreement to a gathering in…
KABUL Bank (DAB) has allocated 4.2 million afghanis for its two teams in the budget for the current year, as more than 50 percent of the Afghan population lives below the poverty line. DAB documents, whose copies have been received…
KABUL Breshna Sherkat (DABS) and Da Afghanistan Bank (DAB) have signed a Memorandum of Understanding (MoU) on the use of Public Credit Registry system aimed at providing regular credit reports, a statement from the power utility said on Sunday. DAB…
KABUL should provide Islamic banking services with effect from Wednesday (October, 14, 2015) in compliance with a legislative decree of the president, the central bank (Da Afghanistan Bank) said. In a joint press conference with representatives of HARAKAT organization and…
