Afghanistan is a country that has been in conflict for the last 23 years. The prolonged conflict in Afghanistan has resulted in large-scale deterioration particularly in the economic structure of the country. The new government has been taking lot of initiatives since the year 2001, to restore the same into the track again, and one of those initiatives is allowing for new private banks with strong financial and sound principles.  A sound banking system is the back bone for any country’s economic progress, and to contribute in the economic restructuring process of the country.

The existing banking system prevailing in the country needs to be further strengthened by strict implementation of the banking laws and regulations. And the banking facilities need to be spread across the country in order to bring economic progress all over the country. The traditional Hawala system (typical cash based system) of financial transactions prevailing in this country should be substituted by a strong and stable banking industry to enable all the financial transactions to put through normal banking channel as a professional tool for monitoring and controlling the inflation and also to avoid unauthorized financial transactions.

Introduction:
Maiwand bank, in the light of the above with strong capital base and sound management, is aimed to focus on the financial needs of private and public sector in Afghanistan. The bank is well aware of the urgent need for banking services and strongly believes that this sector is crucial for supporting the reconstruction and developmental efforts of the Afghanistan’s economy as a whole.

Maiwand Bank, a dream bank, promoted by Afghan Nationals with strong Capital Base of $ 11 Millions, is aimed to provide innovative products and services for the Afghanistan general public. The Bank will function as an international commercial banking institution in Afghanistan and act as a strong catalyst for economic growth and business prosperity in the economic reconstruction process of Islamic Republic of Afghanistan. It will create a true partnership with the private and public sectors in establishing a modern international commercial bank to meet Afghanistan’s financial services needs.

Maiwand Bank, with professional promoters in the back ground supported by well qualified and experienced international banking professionals in the management, will be established as one of the strongest commercial bank of Afghanistan. Maiwand Bank is committed to expand its coverage of its targeted market segments and offer its diversified products more effectively and efficiently.

An international corresponding banking relationship with a reputable multinational commercial bank will be established in order to facilitate international payments and financial services. Maiwand Bank will be managed by an international team of bankers, experienced in operating under sub continental economic and social conditions. Afghan talents will be utilized to the maximum extent possible and training programs will be established in order to bring local employment into the bank as it’s operations grow.

Vision statement:
To emerge as one of the strongest international commercial banking institutions in Afghanistan with state of art technology and innovative products & services to act as a strong catalyst for economic growth and business prosperity in the economic reconstruction process of Islamic Republic of Afghanistan. By leveraging the technological innovations, Maiwand Bank will certainly create a true partnership with the private and public sectors in establishing a modern international commercial bank to meet Afghanistan’s financial services needs in strict compliance of laws and regulations by international banking standards and best practices.

Mission Statement:
To become one of the strongest player in the market with professional promoters in the back ground supported by well qualified & experienced international banking professionals in the management and to raise the capacity and maintain a team of committed and motivated national talent with high work ethics for providing excellent customer satisfaction in order to make value addition to all the stake holders viz Share holders, customers, staff and ultimately to the society at large.

Strong Capital base :
Maiwand Bank, with the strong capital base of USD 11 million (equaling to AFS 550 million), contributed purely by Afghan promoters, as against the minimum capital requirement of USD 10, millions (equaling to AFS 500 million) as per the licensing regulations of DAB. The Authorised Capital of Maiwand Bank is set to USD 15 Million as a provision to increase the capital for future expansion of the Bank.

Promoters:
Dr.Fraidoon Noorzad, a professional banker himself along with other promoters, having experience in banking and financial fields with sound financial background, established Maiwand Bank on sound fundamentals and strong principles as one of the strongest commercial banks of Afghanistan with an aim to serve the nation by playing a constructive role in contributing to the economic reconstruction process of the country with a strong commitment.

Location of Head Office:
Maiwand bank headquarters is strategically located at Turabaz khan Square, Share-e-naw, Kabul, Afghanistan,  the most commercial part of Kabul, the capital city of Afghanistan,. This provides a central location accessible from different parts of Kabul.  And as per the Vision and Mission statement of the Bank, it is planning to open in most of the commercial areas of Kabul along with in all provincial capitals of the country to provide the banking services across the country.

Banking Industry Scenario:
Currently, there are about 2 state owned Banks, 7 foreign bank branches and 7 local new private banking institutions established in Afghanistan. Since the installation of Democratic Government in 2001, the banking industry has started growing day by day under the controlling regulations of Da Afghanistan Bank (central Bank) with the support of various international monetary agencies and expatriates.
Products & Services:

 Maiwand Bank, fully equipped with the latest art of technology in a secured environment, will definitely differentiate itself, as a newly emerging strong bank, from the competitors by offering diversified products lines, excellent customer service, student loan programs, Sharia compliant products, and other services with accessibility to the rural population, through a transparent, sound and quality management.

Banking is defined as “accepting the deposits from the public for the purpose of lending / investing or otherwise withdrawable on demand by the customers by cheque or other acceptable instrument”. Products of the bank are widely divided basically into three kinds, Asset products, Liability products and service products.

The management of the Maiwand bank will design both the asset products as well liability product at a reasonable pricing in order to get good spread between the interest income and interest expenses. Apart from the above, the bank will customize it’s service products to meet the present day to day market requirement to maximize the non interest income, which could be butter for the bank earnings.

Special features

Future Plans:
Maiwand Bank, with a clear Vision and Mission to become one of the strongest commercial bank, is planning to expand it’s wings by spreading the network allover the Afghanistan in a phased manner.
Motto:
To provide delightful customer service with  successful product delivery.

“If you are satisfied with our services, please tell others,
 if not, tell us to improve on continuous basis to provide better services”