Central Bank of Afganistan
Central Bank of Afganistan is Da Afganistan Bank (DAB).It was founded on 1939.Da Afganistan Bank headquarters in Kabul. Da Afganistan has 46 branches which are working all over the country. Five branches situated in Kabul. 100% ownership is state ownership. Name of the governor is Mr. Ajmal Ahmady.It’s vital role to regulate all banking and money handling operations in Afghanistan. In Afganistan total 12 banks are operating consisting of 3 state own bank and 7 private banks and 2 branches of foreign banks. All of them Azizi bank is fast growing number Afgans overcome their initial reductants to conduct their financial affairs through banks.
Generally, working week is Sunday through Thursday. Business hours are typically 7:30 AM to 4:30 PM, while shops usually stay open until 11 PM. In most cities, stores are open seven days a week.
The official currency of Afghanistan is the Afghan Afghani and is abbreviated as AFN.
DAB is active in developing policies to promote financial inclusion and a member of the Alliance for Financial Inclusion. In May 2020, the bank launched a campaign to promote the use of Afghan currency instead of Iranian rials in the western provinces.
| Keyword Cluster | Keyword | Search Intent | Title | Meta Description |
|---|---|---|---|---|
| Overview | Central Bank of Afghanistan | Informational | What is the Central Bank of Afghanistan? | Learn about the Central Bank of Afghanistan, its history, functions, and role in the country’s economy in this informative article. |
| History | Afghanistan Banking System | Informational | History of Banking in Afghanistan | Trace the evolution of the Afghan banking system, including the establishment and development of the Central Bank of Afghanistan. |
| Governance | Central Bank of Afghanistan Act | Informational | Understanding the Central Bank of Afghanistan Act | Discover the key features and provisions of the Central Bank of Afghanistan Act and how they shape the bank’s governance and operations. |
| Currency | Afghani | Informational | What is the Afghani Currency? | Get an overview of Afghanistan’s official currency, the Afghani, including its history, denominations, and exchange rate. |
| Monetary Policy | Open Market Operations | Informational | What are Open Market Operations? | Learn about the Central Bank of Afghanistan’s key tool for implementing monetary policy, including its goals, methods, and effects. |
| Supervision | Banking Supervision | Commercial | How to Start a Bank in Afghanistan | A comprehensive guide for entrepreneurs who want to start a bank in Afghanistan, including regulatory requirements and procedures. |
| Financial Stability | Financial Stability | Commercial | Investing in Afghanistan: Risks and Opportunities | Explore the risks and opportunities of investing in Afghanistan’s economy, with a focus on the role of the Central Bank in ensuring stability. |
| Payments | Mobile Money | Transactional | How to Use Mobile Money in Afghanistan | A practical guide for consumers who want to use mobile money services in Afghanistan, including how to register, send, and receive payments. |
| International | Correspondent Banking | Transactional | Correspondent Banking in Afghanistan | Discover how correspondent banking works in Afghanistan, including its benefits, risks, and challenges for local and international banks. |
| Research | Central Bank Reports | Informational | Central Bank of Afghanistan Reports | Access the latest reports and publications from the Central Bank of Afghanistan, covering topics such as monetary policy, financial stability, and economic development. |
Vision
The vision of Da Afghanistan Bank is that of a monetary institution which upholds international best practice in fostering price stability and a sound financial system conducive to macro-economic stability, favourable investment climate, private sector development and broad-based economic growth.
Mission
The mission of Da Afghanistan Bank is to foster price stability and build a robust financial system.
Objectives
The primary objective of Da Afghanistan Bank is to achieve and maintain domestic price stability. Other objectives of Da Afghanistan Bank which are subordinated to the primary objective are: to foster the liquidity, solvency and effective functioning of a stable market based financial system, and to promote a safe, sound and efficient national payments system. Considering its main objective, Da Afghanistan Bank supports general economic policies of government and strengthens sustainable economic growth.
Address : Ibni-Sina Watt. Kabul, Afghanistan
Phone : +93 (20) 2104146
Fax : 0093 (20)2100305
Email : [email protected]
Open from : SAT – Thursday (8:00 AM – 4:00 PM)
All governors of Da Afghanistan Bank
Habibullah Malie Achekzai, 1954-1960
Abdul Hay Azizi, 1960-1975
Mohammad Hakim Khan, 1975-1980
Ghulam Hussain Jujeni, 1980-1982
Mehrabuddin Paktiawal, 1982-1985
Abdul Basir Ranjbar, 1985-1988
Mohammad Kabir, 1988-1990
Khalil Sediq, 1990-1991
Abdul Wahab Asefi, ?-1991
Najibullah Sahu, ?-1992
Zabihullah Eltezam, ?-1993
Ghulam Mohammed Yailaqi, 1993
Mohammad Hakim Khan, 1993-1995
Ehsanullah Ehsan, during Taliban era, 1996-1997
Abdul Samad Sani, during Taliban era, 1997-?
Anwar ul-Haq Ahady, 2002-2004
Noorullah Delwari, 2004-2007
Abdul Qadir Fitrat, 2007-2011
Noorullah Delwari, 2011-2014
Khan Afzal Hadawal, acting, 2014-2015
Khalil Sediq, 2015-2019
Wahidullah Nosher, acting, 2019-2019
Ajmal Ahmady, acting, 2019-present