Azizi Bank: Difference between revisions
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| type = [[Private Bank|Private]] |
| type = [[Private Bank|Private]] |
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| foundation = June 2006 |
| foundation = June 2006 |
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| key_people = |
| key_people = Mr. Mirwais Azizi (Key Shareholder) |
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| hq_location = |
| hq_location = Zanbaq Square, Opp Turkish Embassy, Main Road |
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| hq_location_city = [[Kabul]] |
| hq_location_city = [[Kabul]] |
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| hq_location_country = [[Afghanistan]] |
| hq_location_country = [[Afghanistan]] |
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'''Azizi Bank''' is one of the largest commercial [[bank|banks]] in [[Afghanistan]], having more than 80 branches including extension counters and 101 ATMs in [[Kabul]] and throughout the provinces of the country. The bank opened on June 13, 2006 and is headquartered in Zanbaq Square, Kabul, Afghanistan. |
'''Azizi Bank''' is one of the largest commercial [[bank|banks]] in [[Afghanistan]], having more than 80 branches including extension counters and 101 ATMs in [[Kabul]] and throughout the provinces of the country. The bank opened on June 13, 2006 and is headquartered in Zanbaq Square, Kabul, Afghanistan. |
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In the span of 15 years, Azizi Bank has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. |
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As on 31st Dec 2020, Azizi Bank with a deposit base of USD 519 Million and with a consolidated deposit base of more than USD 860 Million holds almost 25% of the total banking deposit share in the country which is having 12 banks including two foreign banks. With a total book size close to 1 Billion USD, Azizi Bank along with its subsidiary bank holds a supreme position in the country. |
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The banks caters to a wide gamut of products and services ranging from variety of accounts, attractive rates for Fixed Deposits, International Debit and Credit Cards, International Money Transfer Services, Treasury and Forex Services, Mobile Wallet and Trade Finance facilities. |
The banks caters to a wide gamut of products and services ranging from variety of accounts, attractive rates for Fixed Deposits, International Debit and Credit Cards, International Money Transfer Services, Treasury and Forex Services, Mobile Wallet and Trade Finance facilities. |
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Some important highlights of the Bank as on 31st December 2020 |
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Total book size of more than USD 611 Mio as on 31st Dec 2020 |
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Consolidated book size of approx. USD 1 Billion along with its 100% subsidiary bank, The Islamic Bank of Afghanistan. |
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Bank with a substantial capital fund of USD 80.20 million & a strong Capital Adequacy Ratio of approx. 24% as on 31st Dec 2020. |
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More than 15% market share of the total deposit position in the country which is comprising of 12 banks. |
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Strong Employee base of more than 1800 with 18% women work force. |
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Pan Afghanistan presence in 31 provinces out of the 34 provinces with 80 branches and 101 ATMs. |
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Serving a mammoth base of more than 1.1 Million customers. |
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Banker to the major Domestic and International corporate houses. |
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Responsible Banking initiatives vide its extensive Corporate Social Responsibility programs. |
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International Engagement initiatives with the following global companies on various strategic initiatives |
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Alvarez & Marsal, USA (2015-2017) |
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Ernst & Young, USA (2019) |
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International Finance Corporation, UAE (2019) |
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Thomson Reuters, UK (2016-2019) |
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Refinitiv, UK (2020) – Former Thomson Reuters |
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Elucidate, Germany (2019-20) |
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MFR Financial Rating, Italy (2020) – Azizi Bank is rated as Stable BB+ |
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== References == |
== References == |
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Revision as of 09:43, 27 April 2021
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Native name | عزیزی بانک |
|---|---|
| Company type | Private |
| Founded | June 2006 |
| Headquarters | Zanbaq Square, Opp Turkish Embassy, Main Road, , |
Key people | Mr. Mirwais Azizi (Key Shareholder) |
Number of employees | More than 1800 employees |
| Website | azizibank |
Azizi Bank is one of the largest commercial banks in Afghanistan, having more than 80 branches including extension counters and 101 ATMs in Kabul and throughout the provinces of the country. The bank opened on June 13, 2006 and is headquartered in Zanbaq Square, Kabul, Afghanistan.
In the span of 15 years, Azizi Bank has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.
As on 31st Dec 2020, Azizi Bank with a deposit base of USD 519 Million and with a consolidated deposit base of more than USD 860 Million holds almost 25% of the total banking deposit share in the country which is having 12 banks including two foreign banks. With a total book size close to 1 Billion USD, Azizi Bank along with its subsidiary bank holds a supreme position in the country.
The banks caters to a wide gamut of products and services ranging from variety of accounts, attractive rates for Fixed Deposits, International Debit and Credit Cards, International Money Transfer Services, Treasury and Forex Services, Mobile Wallet and Trade Finance facilities.
Some important highlights of the Bank as on 31st December 2020
Total book size of more than USD 611 Mio as on 31st Dec 2020 Consolidated book size of approx. USD 1 Billion along with its 100% subsidiary bank, The Islamic Bank of Afghanistan. Bank with a substantial capital fund of USD 80.20 million & a strong Capital Adequacy Ratio of approx. 24% as on 31st Dec 2020. More than 15% market share of the total deposit position in the country which is comprising of 12 banks. Strong Employee base of more than 1800 with 18% women work force. Pan Afghanistan presence in 31 provinces out of the 34 provinces with 80 branches and 101 ATMs. Serving a mammoth base of more than 1.1 Million customers. Banker to the major Domestic and International corporate houses. Responsible Banking initiatives vide its extensive Corporate Social Responsibility programs. International Engagement initiatives with the following global companies on various strategic initiatives
Alvarez & Marsal, USA (2015-2017) Ernst & Young, USA (2019) International Finance Corporation, UAE (2019) Thomson Reuters, UK (2016-2019) Refinitiv, UK (2020) – Former Thomson Reuters Elucidate, Germany (2019-20) MFR Financial Rating, Italy (2020) – Azizi Bank is rated as Stable BB+
References
- Time Magazine - Capitalism Comes to Afghanistan (December 4, 2006)
- Sydney Morning Herald - Life's a lottery in the new Afghanistan (September 18, 2006)
External links
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