Afghanistan Banks Association

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

Afghanistan Banks Association

Achievements of ABA:


Some of ABA activities and achievements are as follows:
• Held First and Second Access to Finance Exhibitions in 2012 and 2013.
• Held 23 Business to Banks (B2B) roundtables in various provinces of Afghanistan during 2012-2013-2014
• Held more than 28 workshops on important banking sector topics for a wide variety of audience in 2012 and 2013-
• Participated with 9 ABA member banks in SIBOS Conference Dubai in September, 2013.
• Participated with 5 ABA member banks in SIBOS Conference Boston, USA. October, 2014. The Conference was helpful in strengthening ABA member’s banks relation with other international banks
• ABA Organized Islamic Banking Training in Malaysian for its Member banks on August, 2014.
• Procured Marketing Material (worth of 1 Million) to 10 Member banks on November, 2014.
• Organized corporate governance working group for all ABA member banks during June, 2013
• Removal of BRT
• Reduction of Mortgage Deed registration fee from 6% to 0.5%.
• Formulation of KYC forms for individual and corporate accounts.
• Establishing of Afghanistan Institute of Banking and Finance (AIBF) in cooperation with Da Afghanistan Banks.
• Creation of Public Credit Registry system
• Holding round table on banking sector challenges
• Holding conference on Islamic Banking and Finance under the patronage of DAB.
• Releasing 3 Voice of the Bank quarterly printed newsletter and 10 monthly e-newsletter on Afghanistan banking sector updates
• Reduction in DAB Executive Board approved charges on local and foreign transfers
• Increase in expat hiring from few approved positions to almost 10 percent of bank staff for local commercial banks and 40 percent for foreign banks
• CEOs signatures are waived on back up documents of transfers to foreign countries
• Supreme Council mandate on paid up capital conversion of Afghani implementation deadline has been extended from January 2014 to March 2014
• NPA charge off period has been extended from six months to one and half year.
• Acceptance of mutilated Afghani banknotes by DAB-confirmed both in CBCG meeting and in a separate meeting with DAB Banking Operations Department Officials.
• Loan Sectoral Classification
• Lobbying with government/parliament for early approval of AML/CFT Law

Before the establishment of Afghanistan Institute for Banking and Finance (AIBF), ABA conducted capacity building programs during 2007-2009 to ensure its member banks are apply international best practices. Furthermore, the capacity building programs have been attended by more than 500 participants from Afghanistan financial sector mainly ABA member banks.

Programs Conducted in 2009:


• SME and Micro Finance
• Leadership
• Financing Import and Export
• Microfinance
• Basic Banking
• SME Finance
• Access to Credit in Kabul, Jalalabad, Hirat and Mazar-e-Sharif

Programs Conducted in 2008:


• LCTR Reporting
• Basic Banking

Programs Conducted in 2007:


• Basic Banking and SME
• Accounting and Finance
• Trade Finance
• Pending Commercial Legislation
• Marketing of Financial Services
• AML Law and KYC
• Basic Banking
• Credit Risk Management