A Review On New Kabul Bank Afghanistan

[Akhterp]

न्यू काबुल बैंक अफगानिस्तान में एक बैंक है जिसकी राजधानी काबुल में मुख्य शाखा है। इसकी स्थापना 2004 में काबुल बैंक के रूप में हुई, जो अफगानिस्तान में पहला निजी बैंक था। भ्रष्टाचार और घोटालों के बाद इसे 2011 में न्यू काबुल बैंक के रूप में फिर से स्थापित किया गया।

यह राष्ट्रीय सेना और सुरक्षा पुलिस बलों के वेतन का भुगतान करने के लिए इस्तेमाल किया जाने वाला मुख्य बैंक है। बैंक चालू, बचत बैंक, और एफफिक्स जमा में खातों को बनाए रखने के लिए सुविधाएं प्रदान करता है; और अपनी उपभोक्ताओं की शाखा और स्वचालित टेलर मशीन सेवाएं प्रदान करता है। बैंक सेंट्रल बैंक ऑफ अफगानिस्तान (दा अफगानिस्तान बैंक) डीएबी), जनरल डायरेक्टरेट ऑफ ट्रेजरी और अफगानिस्तान वित्त मंत्रालय (एमओएफ) की देखरेख में है।


काबुल बैंक की स्थापना 2004 में हुई थी।

काबुल बैंक का दावा है कि अफगानी, अमेरिकी डॉलर और यूरो में खाते खोले और बनाए रखे जा सकते हैं। काबुल बैंक का दावा है कि यह स्विफ्ट सुविधा के साथ दुनिया भर में जुड़ा हुआ है, जो अपने ग्राहकों के लिए फंड ट्रांसफर में सक्षम बनाता है। बैंक के जर्मनी, चीन, ईरान, ताजिकिस्तान, सऊदी अरब और भारत में स्थित सात अंतरराष्ट्रीय बैंकों के साथ संवाददाता संबंध हैं।

[Pak3000]

New Kabul Bank

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.
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, andfFixed 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. An advertisement for the Bakht Account (Lucky Account) 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 SWIFT facility, which enables fund transfer for its customers. The bank has correspondent relationship with seven international banks situated in Germany, China, Iran, Tajikistan, Saudi Arabia and India.

Corruption scandal

Kabul Bank was badly shaken and almost collapsed in 2011, in one of "the worst banking scandals in history", according to The Guardian newspaper. In late 2012, according to the Los Angeles Times, independent investigators and journalists uncovered widespread corruption in Kabul Bank.The New York Times, in 2012, headlines indicate "Audit Says Kabul Bank Began as 'Ponzi Scheme'" following investigation and judicial action in the aftermath of the Bank's crisis and scandal.
In 2010, it was disclosed that its Chairman Sherkhan Farnood and other insiders were spending the bank's US$1 billion for their own personal lavish style living and lending money under the table to family, relatives and friends. The bank scandal also involved members of Afghan President Karzai's family, including his brother Mahmood Karzai. In September 2010, one of the principal owners of the bank said that depositors had withdrawn $180 million in two days and predicted a "revolution" in the country's financial system unless the Afghan government and the United States moved quickly to help stabilize the bank.In November 2010, reports appeared that Farnood and chief executive Khalilullah Frozi both had been sacked from duties; as of early 2011 both were effectively under house arrest and could not leave the country,and in July 2011 both were formally arrested and detained in Kabul.DAB stated in February 2011, it would seek to sell Kabul Bank within three years once it was rehabilitated,but both the International Monetary Fund and US officials subsequently pressed for a rapid wind down of the institution.A USAID inspector general report estimated that fraudulent loans diverted $850 million