ABA Conducts Treasury Committee meeting
date: September 28, 2020
ABA with the collaboration of Da Afghanistan Bank (DAB) conducted the second Treasury committee meeting on September 28, 2020, at ABA Office. The aim of this meeting was to work jointly with the central bank for the development of Interbank Market & Repo and Secondary Market.
In the meeting Mr. Aziz Baraki, Director-General Payment, Mr. Najiburahman, Director General, Market Operation Development, Saied Mustafa, Section Director Government Banking- DAB, banks Treasury Heads, and ABA Management took part.
Mr. Najibullah Amiri ABA Executive Director welcomed DAB’s officials and participants of the meeting. He highlighted the importance of this meeting. He added that following to the recent commercial Bank Consultative Group meeting (CBCG),the Governor of Da Afghanistan Bank urged ABA and DAB’s respective officials to work together and take steps toward a legal framework by drafting a regulation in Repo and Secondary Market.
At the outset, a comprehensive presentation was delivered by Ms. Indira, Chairperson ABA Treasury Committee on Development of Repo and Secondary Market, interbank market development, negotiated dealing system & order matching etc.
DAB concerned officials appreciated the efforts of ABA and further talked about the Repo and Secondary Market. They said that the top priority at this stage for all of us should be to draft a regulation on Repo and Secondary market. ABA’s executive director appreciated DAB’s initiative and ensured his full support.