The Ministry of Finance (MoF) on Tuesday identified two ‘preferred buyers’ of the New Kabul Bank and asked the companies, including a local firm and a Pakistani bank, to submit their technical proposals in the next four months. Once…
The Ministry of Finance (MoF) on Tuesday identified two ‘preferred buyers’ of the New Kabul Bank and asked the companies, including a local firm and a Pakistani bank, to submit their technical proposals in the next four months. Once…
A top official of the New Kabul Bank on Sunday said the bank was facing deficit ranging from $10,000 to $15,000 on monthly basis and the loss-making would be brought down to zero over the next three months.…
The Afghan government has decided to privatise the New Kabul Bank (NKB) but its former shareholders could not participate in the privatisation process, an official said on Wednesday. Once the country’s largest lender, the bank plunged into deep…
KABUL (IWA) on Saturday said their investigations suggested that the New Kabul Bank lost $65 million in the past six years. The IWA Head Sayed Akram Afzali told reporters the semi government bank was in miserable condition as it could…
