Afghanistan International Bank (AIB), the biggest commercial bank in the country, is seeking to attract business in Dubai and to invest its US$800 million (Dh2.93 billion) worth of liquidity with banks abroad. But it is facing difficulties.
The Afghan nascent banking system has been "tainted" after the collapse of Kabul Bank, Ronald Stride, the chairman of the board of supervisors at AIB, said in an interview with The National.
"The picture has been painted in a very negative way and people have … not a wrong impression, but a one-sided impression," he said. "So we have taken it upon ourselves to try and paint a more balanced picture of banking and finance in Afghanistan."
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