The Private Banks In Afghanistan Are Facing Liquidity Problems
Mr. Abdul Ghani, the brother of the Deputy Minister of Economy, says that currently some private banks in the country are facing liquidity problems.
Mr. Brother emphasized in the second meeting of the leadership of the Supreme Economic Council of the Financial Stability Committee and licensed bank shareholders that the role of banks in the reconstruction and economy of the country is important.
Mr. Brother added that the banking sector plays a very important role in the progress and reconstruction of the country, and there have been significant advances in this sector. An important achievement is the trust of citizens and merchants in banks.
On the other hand, Hadayatullah Badri, the acting head of the central bank, added in this meeting that in the past two years, they have been able to solve banking challenges and increase the cash withdrawal limit.
Mr. Badri says that after the advent of the Islamic Emirate in the country, the banking system has also faced restrictions.
The acting head of the central bank said that the banking sector was facing collapse, but under the leadership of Nasratullah Pak, the central bank was able to manage it wisely.
In this meeting, shareholders of banks are also asked to come to Afghanistan and manage their banks closely.
Also, Mohammad Naser Akhund, the acting head of the Ministry of Finance, assures that they will resolve the problems of bank customers.
The acting head of the Ministry of Finance said, "We promise to solve the problems, just as we have done so far, and we ask you to be aware of their bank ownership."
After the return of the Islamic Emirate, Afghan banks have faced restrictions again, and merchants are facing challenges in transferring money out of the country.
While most owners of private banks are fleeing the country, and until now people cannot withdraw cash from their bank accounts as they wish.
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