ABA Press Conference on Afghanistan Banking and Economic Scenario
Date: January 01, 2015
Mr. Siar Khorieshi, the new Chairman of Afghanistan Banks Association (ABA) addressed the press on the Afghan banking and economic scenario and made a proposal to then Da Afghanistan Bank (DAB) and the Government for establishment of Debt Receiving Tribunal and Debt Recovery Appellate. Ten national and international television channels (Aina, Ariana, Arzu, BBC, Khurshid, Radio Television of Afghanistan Millie, Noor, Shamshad, Tolo and 1TV) participated in the conference. During the conference Mr. Khorieshi also responded to the questions raised by media:
Q1. How is the condition of banks with no Cabinet of Ministers in place?
A1. The banks are in good condition with sufficient liquidity.
Q2. How is the election taking place in ABA?
A2. Every two years there is an elections in presence of all banks and five members are elected by the ABA General Assembly and then among the board one chairman and two vice chairmen are elected.
Q3. What about three state banks which are going to be merge?
A3. Ministry of Finance has proposed the merger of three state banks, and the presidential palace has approved the merger subsequently.
Q4. Any update on the correspondent banking relation issues.
A4. There are still issues in correspondence but we are hopeful, that the new cabinet can help the commercial banks in this regards.
