No formal notification yet on asset freeze: Afghan central bank


Kabul, Sep 12 (IANS): Da Afghanistan Bank (DBA), the country's central bank, announced on Sunday that it has not received any formal notification so far concerning freezing of its assets.

"So far, Da Afghanistan Bank has not received any formal notification pertaining to the freezing of monetary reserves of this bank and the bank has been informed of it through the news published by the media of the country based on the reports of foreign media," the bank said in a statement posted on its website.

The statement came as thousands of customers were still waiting in long lines to withdraw their savings since Taliban takeover in August.

Reports of freezing of Afghanistan's bank assets by the US as well as the announced halt of funds by the World Bank and the International Monetary Fund (IMF) have fueled concerns among Afghans.

On August 28, the DBA issued an order to all banks in the war-torn country setting a weekly limit of withdrawals of $200 or 20,000 afghanis for a customer.

"Da Afghanistan Bank assures the noble people of Afghanistan of the safety of their deposits in commercial banks," the DBA said in the statement issued on Sunday

It added that these banks are operating in accordance with the procedure it has issued and their services will soon return to normal.

 

 

  

Top Stories


Leave a Comment

Title: No formal notification yet on asset freeze: Afghan central bank



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.