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Afghanistan’s banking situation improving: Union

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Officials at the Private Banks Union say the situation of banks in Afghanistan is improving and that currently 12 banks, including three state banks and two foreign banks, are active in the country and that together these banks have 400 branches across the country.

“In 34 provinces, 400 branches of these banks have been opened and they are accessible everywhere. Four banks have invested about 40 billion afghanis in different sectors and provide salaries to 800,000 employees,” said Najibullah Amiri, CEO of the Private Banks Union.

Meanwhile, Da Afghanistan Bank (DAB) officials say they have supported private banks over the past two years so they can provide services to their customers in a normal way.

“Our technical meetings with commercial banks continue so that we can level the service field for our compatriots in all banking sectors,” said a DAB spokesman, Hasibullah Noori.

In the meantime, investors say they still face problems withdrawing money. They say they hope restrictions on the amount allowed to be withdrawn will be lifted soon.

Economists meanwhile say that private banks have had to deal with many challenges over the past two years and that the central bank needs to step up support.

“The situation in the banks has become relatively good and the important thing is that people’s trust should be regained gradually to these banks.

DAB allows individuals to withdraw up to $600 dollars from their accounts in a week, but traders can withdraw up to $40,000 dollars in a week.

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Medvedev: IEA posed less threat to Russia than western-backed groups

He added that such organisations have consistently pursued one objective: “to break apart the multiethnic people of Russia.”

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Russia’s Deputy Chairman of the Security Council, Dmitry Medvedev, has said that the Islamic Emirate of Afghanistan (IEA) caused less harm to Russia than Western-backed civic organisations that, he claims, sought to undermine the country’s unity.

In an article published in the Russian journal Rodina, Medvedev wrote that while the IEA had long been designated as a terrorist organisation, its actions did not inflict the same level of damage on Russia as what he described as Western-supported institutions operating under the banner of academic or humanitarian work.

“Let us be honest: the Taliban (IEA) movement, long listed as a terrorist organisation, has caused modern Russia far less damage than all those pseudo-scientific institutions whose aim is to dismantle our country under the guise of aiding the oppressed,” Medvedev stated.

He added that such organisations have consistently pursued one objective: “to break apart the multiethnic people of Russia.”

Medvedev’s remarks come amid a shift in Russia’s official stance toward Afghanistan. In April, Russia’s Supreme Court suspended the ban on the Islamic Emirate of Afghanistan, which had previously been included on the country’s list of terrorist organisations.

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U.S. National Guard shooting suspect faces new charges, possible death penalty

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The Afghan national accused of shooting two U.S. National Guard members in Washington, D.C., is facing new federal charges that could allow prosecutors to seek the death penalty, authorities said.

The U.S. Attorney’s Office for the District of Columbia announced that Rahmanullah Lakanwal has been charged with transporting a firearm and a stolen weapon in interstate commerce with intent to commit a serious crime, Fox News reported on Wednesday. One Guard member, 20-year-old Sarah Beckstrom, was killed in the November 26 attack, while Andrew Wolfe was seriously injured.

U.S. Attorney Jeanine Pirro said moving the case from Superior Court to federal court allows for a careful review of whether the death penalty is warranted. She noted the impact on Beckstrom’s family and said Wolfe faces a lengthy recovery.

Lakanwal remains charged under D.C. law with first-degree murder while armed, assault with intent to kill and multiple firearms offenses. An FBI affidavit states the revolver used in the shooting was stolen from a Seattle home in May 2023 and later given to Lakanwal in Washington state, where he also purchased additional ammunition.

Investigators say Lakanwal searched locations in Washington, D.C., including the White House, shortly after buying the ammunition. The shooting occurred near the White House on November 26, according to court records.

 

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Omari and Iranian ambassador meet to strengthen Afghan migrant labor ties

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