Britannica CD Help
... continued from

Afghanistan

Table of Contents

Finance.

In 1975 the government nationalized all banks. The largest bank in the country, the Bank of Afghanistan, is the centre of the formal banking system. It is the sole bank of issue, and it plays an important role in determining and implementing the government's financial policies. There are private money traders who provide nearly all the services of a commercial bank.

continued ...


Copyright (c) 1995 Encyclopaedia Britannica, Inc. All Rights Reserved