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Central Banks
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Da Afghanistan Bank |
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Da
Afghanistan Bank
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The
Afghanistan Bank is the central bank of Afghanistan. It regulates all the
banking and money handling operations in Afghanistan. Da Afghanistan Bank
(DAB) is one of the leading & government recognized bank of Afghanistan
which was established on 1939. The vision of DAB 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, and broad-based economic growth.
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Basic Tasks
of DAB:
Formulate, adopt and execute the monetary policy of Afghanistan;
Hold and manage the official foreign exchange reserves of Afghanistan;
Print
and issue Afghani banknotes and coins;
Act
as banker and adviser to, and as fiscal agent of the State; |
License, regulate and supervise banks, foreign exchange dealers, money
service providers, payment system operators, securities service providers,
securities transfer system operators; and
Establish, maintain and promote sound and efficient systems for payments,
for transfers of securities issued by the State or DAB, and for the clearing
and settlement of payment transactions and transactions in such securities.
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Da Afghanistan Bank |
HQ
Address: |
Da Afghanistan Bank
Kabul, Afghanistan |
Telephone: |
00 93 (20) 2104146 |
Facsimile: |
N/A |
Website: |
www.centralbank.gov.af |
Currency: |
Afghan afghani |
Banking Hours: |
Sunday - Thursday : 9.00am - 4.00pm |
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Although there has been good progress in the
development of the financial sector in Afghanistan, the Bank must be well
managed and pursue a goal-oriented approach, as consistent as possible with
international best practice. It has been recognized that strengthening of
the technical and professional skills of bankers and microfinance managers
and staff is urgently needed. The Afghanistan Institute of Banking and
Finance, AIBF has been established specifically to provide training in
financial practice and policy.
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List of banks
governed by
Da Afghanistan Bank: |
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