Afghanistan’s Fitrat says Kabul Bank no longer in danger: reports

bank-of-afghanistan

Afghanistan's central bank governor has reassured depositors that Kabul Bank, the troubled lender and the country's largest bank, has sufficient funds to remain operational, after the resignation of its chief executive triggered a large wave of deposit withdrawals.

Bloomberg, a news agency, reported Abdul Qadeer Fitrat, the governor of the Bank of Afghanistan, at a press conference on Monday as saying the Kabul Bank was "out of danger" as it had "enough liquid assets" to meet demand, but

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