IMF Seeks to Avoid Kabul Bank Repeat Before Afghan Aid

IMF Seeks to Avoid Kabul Bank Repeat Before Afghan Aid

Shah Marai/AFP/Getty Images

The government took over Kabul Bank, the country’s biggest commercial financial institution, in September. Thousands of depositors rushed to withdraw their money last year after learning that Kabul Bank’s owners had lost hundreds of millions of dollars they had lent to themselves.