Afghanistan International Bank

Afghanistan International Bank
Private
Founded 2004
Headquarters Kabul, Afghanistan
Key people
 Anthony Barned (CEO)[1]
Website www.aib.af

Afghanistan International Bank (AIB) is a local commercial bank in Afghanistan, with its head office in Kabul. The bank has seven branch offices in the major cities of the country.[2] AIB has international shareholders, two Afghan business groups, one Afghan/American business group. It opened in 2004. It is the largest and most profitable private bank in Afghanistan.[1]

AIB operates primarily as a commercial wholesale bank and targets, among others, multilateral organizations, UN entities, NGOs, embassies, foreign military forces, Afghan governmental institutions, foreign and domestic companies, to become their clients.

The bank operates from AIB House, which is located in shahr-e-naw of Kabul City. Bank has its branches in Mazar-e-Sharif, Herat, Kandahar, Jalalabad, Kunduz Pole-e-Khumri Helmand Nimruz and Kabul City.

Afghanistan International Bank holds $790 million in deposits — about 20% of Afghanistan’s deposit base.[1] The Wall Street Journal has described the company as "one of the country's biggest lenders"[3] (in Afghanistan).

References

  1. 1 2 3 "How to survive as a bank in Afghanistan". The Economist. 23 November 2017. Retrieved 24 November 2017.
  2. ↑ AIB.af
  3. ↑ Trofimov, Yaroslav (June 13, 2013). "Afghan Banks Face New Dollar Troubles". The Wall Street Journal. Retrieved 4 April 2015. (subscription required)
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