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New Kabul Bank
Private bank in Afghanistan
New Kabul Bank is a bank in Afghanistan that has its main branch in the capital city of Kabul. It was established in 2004 as the Kabul Bank, the first private bank in Afghanistan.
After corruption and scandals it was re-established in 2011 as the New Kabul Bank.
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It is the main bank used to pay the salaries of the national army and security police forces. The bank provides facilities to maintain accounts in Current, Savings Bank, and Fixed deposits; and offers its consumers branch and automated teller machine services.
The bank is under the supervision of the Central Bank of Afghanistan (Da Afghanistan Bank−DAB), the General Directorate of Treasury, and the Afghanistan Ministry of Finance (MOF).
History
Founding in 2004
The Kabul Bank was established in 2004.
Kabul Bank claims that accounts can be opened and maintained in afghani, U.S. dollars and euro. Kabul Bank claims that it is connected throughout the globe with