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Afghanistan Central Bank signs agreement on public credit registry system

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Last Updated on: October 25, 2022

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Officials of Afghanistan Central Bank say that the ACB signed an agreement on public credit registry system with financial development institutions on Monday.

They said that the on public credit registry system is a very important step with a low fee for access to resources.

According to them, the system helps the applicants that want to give loans and the system also prevents corruption.

“Small and medium businesses have access to the funds, they made their customers and can benefit much more,” Eisa Khan Turab, second deputy of Afghanistan Bank said.

The chairman of on public credit registry department says that lending for investors, especially for such small investments in Afghanistan has become a serious problem.

“The current problems for lending have created many challenges for Afghan businessmen. Three million dollars were spent for creation of the system which solves many problems,” Nesar Ahmad Yousufzai, Chairman of public credit registry department said.

Head of microfinance association has also emphasized that small and medium businesses creates and provides jobs to the people.

“One of the main problem for this sector was the lack of coordination between commercial banks and small financial institutions,” Hashmat Seyar Ammar Khail, chairman of microfinance association said.

The full electronic Credit Information Sharing System known as Public Credit Registry (PCR) is fully automated based on international best practices.

PCR will enable potential borrowers to have access to finance and increase credit penetration in the country.

The system is helping financial institutions to have enough online information about the customers and their guarantors to make better-informed decisions.

 

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Afghanistan welcomes investment and technology partnerships with India

Azizi welcomed the proposals, emphasizing Afghanistan’s abundant investment opportunities and reaffirming full support.

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Nooruddin Azizi, Afghanistan’s Minister of Commerce and Industry, met with Ankush Satana and his delegation at his office to discuss expanding economic and technological cooperation.

During the meeting, Satana expressed interest in establishing a gemstone exhibition salon in Afghanistan and connecting Afghan and Indian traders in the pharmaceutical sector.

He also highlighted Germany’s advanced technology capable of producing large quantities of diesel fuel from collected plastic waste and expressed willingness to transfer this technology to Afghanistan.

Azizi welcomed the proposals, emphasizing Afghanistan’s abundant investment opportunities and reaffirming full support.

He noted that the country’s private sector is active and prepared to collaborate with foreign investors.

This meeting represents a significant step toward strengthening economic partnerships and fostering technology transfer, further boosting Afghanistan’s position as a hub for investment and trade in the region.

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Khyber Pakhtunkhwa governor urges political dialogue with Afghanistan

Kundi stated that security in Khyber Pakhtunkhwa is directly affected by conditions in Afghanistan and recalled how past conflicts, including post-Soviet wars and post-9/11 events, fueled militancy in the region.

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Faisal Karim Kundi, Governor of Khyber Pakhtunkhwa, stressed the importance of political dialogue with the Islamic Emirate of Afghanistan during a regional meeting on “Security, Trade, and Economic Affairs between Pakistan and Afghanistan” held in Peshawar.

The event was hosted by the University of Peshawar’s Department of International Relations.

Kundi said that domestic and cross-border challenges can only be addressed through constructive engagement among political leaders. He emphasized that a stable Afghanistan is essential not just for Pakistan, but for the wider region, and that lasting peace is key to economic growth and expanded trade.

The meeting also addressed regional security, trade challenges, and the potential of Pakistan-Afghanistan crossings to strengthen connectivity with Central Asia.

Kundi stated that security in Khyber Pakhtunkhwa is directly affected by conditions in Afghanistan and recalled how past conflicts, including post-Soviet wars and post-9/11 events, fueled militancy in the region.

The IEA has meanwhile not commented on Kundi’s remarks but officials have in the past repeatedly acknowledged the need for positive dialogue with neighboring countries to strengthen ties and economic relations.

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US raises concerns over American detainees in Afghanistan

Zabihullah Mujahid, spokesperson for the Islamic Emirate, said talks with U.S. officials are ongoing and expressed hope for a peaceful resolution.

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Don Brown, U.S. chargé d’affaires for Afghanistan in Qatar, expressed concern over American citizens currently detained in Afghanistan, describing their situation as “regrettable” and calling for continued diplomatic efforts to resolve the matter.

Brown noted that the detainee issue remains a key focus in discussions between Washington and Kabul.

Zabihullah Mujahid, spokesperson for the Islamic Emirate, said talks with U.S. officials are ongoing and expressed hope for a peaceful resolution.

The matter has been part of U.S.-Afghanistan engagement for several years, with past negotiations securing the release of some Americans.

In September 2025, the U.S. established a framework allowing sanctions on entities that wrongfully detain American citizens.

The situation underscores the continuing importance of detainee negotiations in U.S.–Afghanistan relations.

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