Azizi Bank

Azizi Bank is a commercial bank set up in Afghanistan in terms of the licensing policy of Da Afghanistan Bank, the Central Bank of the country. The Bank was granted a license on 13th June 2006 and commenced operations from the same date. Azizi Bank, a product of Afghan vision and enterprise, has been promoted by two leading businessmen - Mr. Mirwais Azizi (of the Azizi Hotak Group & family) and later on in 2011 other businessman transferred his Shares to Mr. Mirwais Azizi & his family and left the Bank. The promoters are committed to build a sound financial institution and, with a view to offer the utmost safety to the bank's customers, set up the bank with an initial paid-up capital of USD 7.5 million that was 150% of the Central Bank stipulated minimum of USD 5 million. Now the capital is USD 85.35 million (Afghani 4267.40 million) as on March 31, 2014. (Now Da Afghanistan Bank revised & enhanced the norms of Capital USD 20.00 million.) Total deposit is USD 489.52 million (Afs. 24476.18 million) and Advances USD 293.60 million (Afghani 14,680.11 million) as on 31st Mar 2014 and Net Profit is USD 12.27 million (Afg.613.60 million) as on 31st Dec 2013. The Management team at the Bank is a mix of youth and experience and ably supported by a young and well-trained operating team is aiming at transforming the banking scene in the country by offering a truly professional and pleasurable experience to the customers. The Bank today has 1200+ strong team of employees and with a 15% female work force is playing a quiet but effective role in women's emancipation and empowerment. Large investments have been made by the Bank in physical infrastructure and technology with a view to provide the right ambience and latest facilities to prospective customers. The bank today has 76 branches/Extension Counters (73 Branches & 3 Extension Counters) across the length and breadth of Afghanistan, playing a pioneering role in development of the banking culture in the country. Presently we have 76 branches including extension counters across the country - 33 branches in Kabul and 43 branches in the provinces, besides that we our plan to have 90+ branches by year end 2014 by opening branches in all provinces / the district headquarters. Presently we have 18 ATMs out of which 16 are operational at Azizi Bank Head office/Main Branch & in Kabul city including 3 are operational in provinces 1 in Mazar, 1 in Herat & 1 in Kandahar and issuing the ATM- Proprietary Cards to our customers "FREE OF COST" to withdraw the cash 24x7 including holidays from ATMs. We plan to have 35 ATMs by the end of December 2014. We have launched our Master Credit cards, Master Prepaid Cards and also in the process of launching the Master Debit Card, POS terminals by mid-2014. (ATM Locations: 1.Main Branch 2.MOD Branch 3.Macrorayan-3rd Branch 4. Khairkhana branch 5.MRRD 6.MOFA 7.Kote-Sangi 8.City Center 9.Karte now Branch 10.