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Da Afghanistan Bank

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    Afghanistan Central Bank and ACGF sign cooperation agreement▼Afghanistan Central Bank, ACGF sign cooperation agreement✉newsBusinessBanking11 h ago

    Da Afghanistan Bank has signed a cooperation agreement with the Afghanistan Credit Guarantee Facility, the two sides announced. The deal is intended to support lending to the country's private sector, with the guarantee facility helping banks extend credit to businesses that lack sufficient collateral. Financial officials in Kabul have been pushing measures to stabilise and expand the banking sector as the economy struggles under sanctions and weak investment.

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    Da Afghanistan Bank and the Afghanistan Credit Guarantee Facility have signed a cooperation agreement, according to regional news reports. The deal is aimed at strengthening coordination between the central bank and the guarantee facility, which works to expand access to credit for Afghan businesses. Details of the agreement's specific provisions have not been disclosed.