Afghanistan Banks Association

Honorable Afghan citizens are familiar with the name of Pashtany Bank as an important historical economic business. Pashtany Bank was established with the assistance of Agriculture Development Bank and other governmental organizations in solar year of 1333 during the rule of king Mohammad Zahir Shah. The founder and the first president of the bank was late Janat Khan Gharwaal. Under the presidency of Gharwal, the bank had five central, four provincial and three border region branches and it had also branches in Peshawar, Karachi and Chaman regions of Pakistan. The first nineteen years of Pashtany Bank under the direction of late Janat Khan Gharwaal, were golden years. In Saratan of solar year 1352 when Sardar Mohammad Dawood Khan came to power, changed the regime of Afghanistan from royal to republic. Consequently, Pashtany Bank lost private shares and became fully governmental. As a result of the political changes and economic crisis, the bank financial statements recorded a loss of twenty one million in solar year 1352. As a result, the bank requested the assistance of Da Afghanistan Bank. The bank showed continues improvement in profits from 1353 to 1357. Net profit in solar year 1354 was 57.71 millions. Investment in solar year of 1356 increased from 250 million to 750 million that resulted in a net profit of 133 million. Pashtany bank continued serving the nation even during the 30 years of Civil War and today Pashtany Bank is one of the most successful and trusted bank in the country with more than 59 years of experience.