July 23, 2025 \u2013 Officials from Da Afghanistan Bank (DAB) presented the institution\u2019s key achievements over the past year during the Government Accountability to the Nation program at the Government Media and Information Center (GMIC). The highlights were shared with the public through various media outlets to promote transparency and build public trust.<\/p>\n\n\n\n
The First Deputy Governor of DAB, Mr. Sediqullah Khalid, highlighted the bank\u2019s key achievements in 1446 AH (July 8, 2024 \u2013 June 27, 2025), noting significant progress across banking, finance, and other areas.<\/p>\n\n\n\n
Referring to the stability of the Afghani, he noted that as a result of implementing prudent monetary policies, the public witnessed positive changes in the value of the Afghani during 1446, with the currency experiencing a 0.79% appreciation against the US dollar.<\/p>\n\n\n\n
Providing information on key achievements, Mr. Khalid added that the country\u2019s banking sector experienced an increase of approximately AFN 15 billion in assets, AFN 3.4 billion in profits, and AFN 3 billion in capital. He noted that as a result of DAB easing restrictions on public bank deposits last year, deposits in banks increased by AFN 7.9 billion in just the last three months.<\/p>\n\n\n\n
He further shared information on facilitating banking services, expanding e-banking and financial systems, and the improvements made in the sector. \u201cOver the past year, a regulatory framework has been established and business licenses granted for microfinance, electronic money, and payment institutions,\u201d noted Khaild, adding that 62 new bank branches and mini-branches have been opened across the country. He also stated three banks have been granted branchless banking licenses, and four other banks have been authorized to establish microfinance windows.<\/p>\n\n\n\n
The First Deputy Governor of DAB highlighted that to support economic development and poverty alleviation, the scope of Islamic financial services has expanded, with approximately 16,000 individuals and companies receiving Islamic financing. “Compared to the previous year, Islamic financing provided to the public has increased by 71%, which is regarded as a positive step toward the growth of local economies and the overall economic progress of the country,\u201d he added.<\/p>\n\n\n\n
Pointing out the achievements of DAB regarding the building capacity of employees of the banking and financial sector, Mr. Khalid said that the leadership of the bank participated in international finance and banking conferences and related meetings in various countries to equip the country’s financial and banking sector with modern systems in light of the global experiences.<\/p>\n\n\n\n
Mr. Khalid highlighted that DAB made efforts to reopen the Afghanistan Institute of Banking and Finance (AIBF), which had ceased its operations before the Islamic Emirate takeover, to provide new international experiences, specialized skills, and practical training to the employees of banks, financial institutions, and related sectors.<\/p>\n\n\n\n
As part of the program, Director General of the Monetary Policy Directorate, Mr. Ahmad Javad Sadad, Deputy Director General of the Financial Services and Banking Supervision Directorate, Mr. Ihsanullah Mansoor, and Deputy Director General of the Non-Banking Financial Institutions Supervision Directorate, Mr. Shahpoor Miakhel, provided detailed information regarding the performances and achievements of their respective directorates.<\/p>\n\n\n\n
It is worth noting that at the end of the program, a question-and-answer session was initiated by the representatives of the country’s media, during which the officials from the relevant departments of DAB provided detailed and comprehensive responses to the questions raised.<\/p>\n","protected":false},"excerpt":{"rendered":"
July 23, 2025 \u2013 Officials from Da Afghanistan Bank (DAB) presented the institution\u2019s key achievements over the past year during the Government Accountability to the Nation program at the Government Media and Information Center (GMIC). The highlights were shared with the public through various media outlets to promote transparency and build public trust. The First […]<\/p>\n","protected":false},"author":6,"featured_media":60588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[91,79],"tags":[],"class_list":{"0":"post-60653","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-governance","8":"category-politics"},"yoast_head":"\n