AFGHANISTAN

People Complain about the Inefficiency of Private Banks

Kabul – Numerous residents of Kunduz, Takhar, and Samangan provinces are complaining about the slowness of banking activities in these provinces.

The residents say they have faced many problems since the Taliban seized control of the country such as the crisis in banking services and the deactivation of ATMs.

“Azizi Bank has not been active in the province for five months, and the activity of New Kabul Bank has also decreased,” Bashir Ahmad Naqshbandi, a resident of Samangan, told Hasht-e Subh today (Sunday, January 16).

According to them, they have to travel to Baghlan and Balkh provinces to receive money.

“I have been going to the bank for weeks, but the bank sometimes pays people and sometimes not,” said Shafiq Sharifi, a resident of Takhar.

“I can only withdraw five percent of my money from the bank each week which has impacted my business,” said Ahmad Bilal, a Kunduz resident who has a business account with Afghan United Bank.

An official from a private bank in Kunduz, who did not want to be named, said the restrictions imposed by the central bank had caused problems for banks and the public.

Meanwhile, the Central Bank of Afghanistan announced yesterday that after negotiations between this bank and the commercial banking complex, the ATMs will be reactivated after several months of suspension.

The post People Complain about the Inefficiency of Private Banks appeared first on Hasht-e Subh Daily.



Source: Hasht-e Subh Daily

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