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May 06, 2015 9:19 PM ET


Company Overview of Bank-E- Millie Afghan

Company Overview

Bank-E- Millie Afghan offers various banking products and services in the areas of trades, commercial industries, and agriculture in Afghanistan. Its products and services comprise current and saving accounts, and fixed deposits; agricultural, commercial, construction, and micro finance loans; and letter of credit, letter of guarantee, remittance, and locker facility services. The company, through its subsidiaries, also serves its customers in New York, New York; and London, the United Kingdom. Bank-E- Millie Afghan was founded in 1933 and is based in Kabul, Afghanistan. The company has branches in Balkh, Ankhoy, Nangarhar, Faryab, Baghlan, Kunduz, Juzjan, Herat, and Kandahar, Afghanistan.

Jade Ibne Sina



Founded in 1933


93 20 2102 221


93 20 2101 801

Key Executives for Bank-E- Millie Afghan

Chief Executive Officer, President and Member of The Board of Management
Chief Operation Officer and Member of Management Board
Chief Credit Officer and Member of Board of Management
Member of Management Board and Legal Adviser
Chairman of Management Board
Compensation as of Fiscal Year 2014.

Bank-E- Millie Afghan Key Developments

Afghanistan In Talks With IMF Over Plan To Sell New Kabul Bank

Alhaj Mohammad Aqa, the Treasury Chief of Afghanistan said that the government is in talks with International Monetary Fund over a new plan to privatize New Kabul Bank. The two prior attempts to sell New Kabul Bank failed and a decision to privatize New Kabul Bank is expected after the meeting of IMF with the Finance Minister of Afghanistan in Dubai. The authorities are considering merging Bank-E- Millie Afghan, Pashtany Bank and New Kabul Bank. "We are also assessing a second option to sell the bank," Alhaj Mohammad Aqa said adding that the latter option was most likely.

Similar Private Companies By Industry

Company Name Region
New Kabul Bank Middle East/Africa
Bank-E- Millie Afghan Middle East/Africa
BRAC Bank Middle East/Africa
Maiwand Bank Middle East/Africa
First Microfinance Bank of Afghanistan Middle East/Africa

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