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More private banks eye Afghan licencesdomestic private banking sector to foreign operators who are allowed 100 per cent ownership in new banks while permitting international banks to enter its almost virgin market under its new banking law, said Dr. Anwar Ahady, governor of Afghanistan's central bank.
With $5 million minimum capital, investors can set up a private bank in Afghanistan, for which the process has been simplified, officials claimed.

The Aga Khan Fund for Economic Development (AKFED) on Friday received a banking licence for setting up The First Micro Finance Bank (FMFB) in Afghanistan.The institution, with an initial capital of $5 million, will be the first of its kind to be established under the country's new regulatory structure.

The Aga Khan Fund for Economic Development (AKFED) today received a banking licence for The First MicroFinanceBank (FMFB). The institution, with an initial capital of
US$ 5 million, will be the first of its kind to be established under the country's new regulatory structure.

Afghanistan to grant licences to first foreign banks in yearsAfghanistan ratified new commercial and central banking laws yesterday and would issue its first operating licences to private-sector banks this week, the country's top banking official said.

The Aga Khan Fund for Economic Development (Akfed) has been granted a licence to open a bank in Afghanistan.
The bank, now called The First Micro-Finance Bank (FMFB), has an initial capital of US$5 million and is the first to be established in Afghanistan under the new regulatory structure.

In a statement, Akfed, which is a majority shareholder in FMFB, said it was mobilising international resources to help create an institution focused on poverty alleviation with a strong regional presence.