Afghanistan Banks Association

د افغانستان د بانکونو ټولنه
Afghanistan Banks Association
Voice of The Banks

Afghanistan Banks Association

Achievements of ABA:


Since its establishing in 2004, the association has achieved substantial progress, including, inter alia:
• Collaborated effectively with DAB on delisting of Afghanistan’s banking sector from FATF gray list
• Achieved substantial reduction of Millions Afghani through lobbying with Afghan Public Protection Force (APPF), Ministry of Interior, Islamic Republic of Afghanistan in the security cost of member banks
• Facilitated the participation of Member Banks in SIBOS International conference in Dubai and Boston.
• Organized two banking exhibitions on Access to Finance (A2F) in Kabul under the support of FAIDA/USAID, to which around 5,000 visitors participated
• Represented ABA in various forums, such as the Financial Inclusion Task Force, AML/CFT, Banking and Finance (under platform of PriSEC), Compliance working Group of FinTRACA
• Represented ABA and the banking sector in Finance Law/Debt Recovery Workshop Dubai 2016 and India 2015 supported by CLDP
• Organized international conference on Islamic Banking in Kabul
• Conducted 25 regional A2F Business-to-Bank Roundtable events in 11 different provinces under the support of FAIDA/USAID, resulting participation of 1,648, entrepreneurs and businesses
• Assisted the launch of PRMIA Chapter in Afghanistan
• Facilitated and sponsored the 1st event of PRMIA under the name of Asset Liability Management
• Initiated exposure visit for its Member Banks on Islamic banking in Kuala Lumpur, Malaysia
• Launched cooperation with the Indian Banks Association (IBA)
• Proposed amendments to DAB on different regulations related to the banking sector, resulting valuable improvements of the same from the regulator authority
• Obtained sizeable reduction in the mortgage deed registration fee
• Achieved exemption of BRT from banking sector and approached Ministry of Finance for exemption of Withholding Tax on Interbank Lending
• Attained DAB’s approval on replacement of ISRE 2400 with ISRE 2410 on quarterly audit review
• Provided technical assistance to DAB and the Member Banks on a wide range of technical issues, such as the design and printing of personalized check books, development of KYC forms for corporate and individual customers, design of Suspicious Transaction Report (STR) and Large Cash Transaction report (LCTR) forms
• Contributed to the establishment of Afghanistan Institute of Banking and Finance (AIBF) as one of its major shareholder (49%)
• Conducted certificates courses for 1,000 employees of commercial banks on SME, Basic Banking, Commercial Legislation, Trade Finance, Accounting and Finance, Marketing on Financial Services, Credit Risk Management, Fundamental of Banking and more
• Facilitated promotional materials for its Member Banks under the grant of New Market Development (NMD) Project.
• Promoted banking culture in the general public through publicity