COUNTRY FACTS 
 

Location: Kabul, Afghanistan
 
Region: South and Central Asia, Middle East
 
Neighboring Countries: Pakistan, Afghanistan, Iran, Uzbekistan, Tajikistan, China
 
Population: 31,889,923
 
GDP Per Capita (PPP):  $1,490 (2007 est.)
 
Politics: Islamic Republic
 
Economy:

  • GDP Growth: 14% (2005); Afghan Interim Authority (AIA) was created by the December 2001 Bonn Agreement as an international effort to rebuild Afghanistan. In 2007, $11.6 million were committed by the United States alone.
  • Composition of GDP: Agricultural (38%), Industry (24%) and Services (38%)
    • Main Agricultural Crops: Wheat, cereals, fruits, and nuts
    • Main Industries: Textiles, soap, furniture, shoes, fertilizer, cement, handwoven rugs, natural gas, petroleum, coal, and copper
  • Significant Trading Partners: United States, Pakistan, India, and the EU
  • Two-thirds of the Afghan population lives on less that 2 USD a day

 

Source: Wikipedia
To learn more about Afghanistan, please click here

 

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Client Banks / BRAC Afghanistan Bank

BRAC Afghanistan Bank

Website: http://www.bracafbank.com

Bank Description:

 

 

As war ended in Afghanistan in late 2001, the senior management team of the Bangladesh Rural Advancement Committee (BRAC) NGO, one of the largest development finance institutions in the world, saw the opportunity to share the organization's knowledge and expertise with others in challenged environments and founded BRAC Afghanistan NGO in May 2002. The creation of BRAC Afghanistan Bank followed four years later.
 
BRAC Afghanistan Bank (BAB) is the fourteenth scheduled bank in Afghanistan. It received its license from Da Afghanistan Bank (the Central Bank of Afghanistan) on September 28, 2006 and began operations on October 4, 2006. The main focus of BAB is small business lending but its portfolio has expanded to include a range of credit and savings products. The bank’s extension into the small business sector is a natural follow-on to the NGO’s significant development activities, including microfinance lending. BAB maintains one branch and three sub-branches in Kabul. Client segments include retail and corporate depositors and small business clients.

 

 

 

Capacity Building

Main ShoreCap Exchange Capacity Building Support Areas:

  • Strategic planning
  • Strengthening micro and small business lending operations
  • Strengthening human resources
  • Mobilizing deposits

  

Exchange KEN Participation
Risk Mitigation Strategies for Fast Growing Banks Forum, Johannesburg, South Africa, June 2007
Human Resource Forum

 

Financial Performance Table

Financial Performance

2007 YTD *

Net Loans Outstanding (in mil)

$1.8

Total Deposits (in mil)

$6.7

Return on Average Assets

(4.9%)

No. of Borrowers

271

No. of Depositors

649

No. of Branches

1

No. of Employees

77

No. Development Loans

 

- Year to Date

271

- Cumulative

271

Fx Rate (AFA/$):

50.2

N/A - Not Applicable
NA -  Not Available

*BRAC Afghanistan Bank began operations in October 2006.


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