Munich Personal RePEc Archive

Financial Analysis of Afghanistan International Bank

Tahiri, Noor Rahman (2018): Financial Analysis of Afghanistan International Bank.

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Abstract

Afghanistan International Bank (AIB) is one the Afghanis commercial banks, its head office in Kabul. The bank has seven branch offices in the major cities of the country. AIB has international shareholders, two Afghan business groups, and one Afghan/American business group. It opened in 2004. Vision: We aspire to remain the most reputable financial institution and bank of choice in Afghanistan. Mission: Our mission is to foster economic development in Afghanistan, to be a catalyst for growth, and ultimately contribute to the prosperity of the country and its people. We strive to adhere to international best practices in corporate governance, financial and risk management (including anti-money laundering and ‘know your customer’), customer service, operations, information technology, and internal controls. A major factor in our success is dedication to staff development and training within a culture of integrity and professionalism. Financial statements are made and organized by board of directors in order to report to shareholders in releasing of their stewardship function and also to corporate law directs the responsibility of laying down prior to yearly shareholders general meeting, profit and loss account should be included in the balance sheet and auditor’s report should be attached thereto

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