Azizi Bank of Afghanistan

 Azizi Bank of Afghanistan

To evolve into a Bank that will be

Professionally Managed, Techno Savvy, Strong & following International Best Practices. Extending world class & cost effective services & Contributing to the national economy by providing modern banking products & services in the country that spur national and individual growth.

 Adding value to all the stakeholders in the Bank and specifically promoting Afghan talent and skills.

Our Mission

    To provide excellent professional services and financial products using latest technology, to meet customer needs.

    To utilize and maintain committed and motivated national human resources.

    To fulfill corporate and social responsibilities towards all stake holders: Customers, Staff, and Shareholders.

The New Star on the Horizon

A Product of Afghan Vision and Enterprise

    Azizi Bank is a commercial bank set up in Afghanistan in terms of the licensing policy of Da Afghanistan Bank, the Central Bank of the country. The Bank was granted a license on 13th June 2006 and commenced operations from the same date. Azizi Bank, a product of Afghan vision and enterprise, has been promoted by two leading businessmen - Mr. Mirwais Azizi (of the Azizi Hotak Group & family)

    Azizi Bank is a commercial bank set up in Afghanistan in terms of the licensing policy of Da Afghanistan Bank, the Central Bank of the country. The Bank was granted a license on 13th June 2006 and commenced operations from the same date. Azizi Bank, a product of Afghan vision and enterprise, has been promoted by two leading businessmen - Mr. Mirwais Azizi (of the Azizi Hotak Group & family)

    The Management team at the Bank is a mix of youth and experience and ably supported by a young and well-trained operating team is aiming at transforming the banking scene in the country by offering a truly professional and pleasurable experience to the customers. The Bank today has 1500+ strong team of employees and with a 20% female work force is playing a quiet but effective role in women emancipation and empowerment.

    Large investments have been made by the Bank in physical infrastructure and technology with a view to provide the right ambience and latest facilities to prospective customers. The bank today has 74 branches across the length and breadth of Afghanistan, playing a pioneering role in development of the banking culture in the country.

    Presently we have 74 branches across the country - 32 branches in Kabul and 42 branches in the provinces, besides that we have licenses for 3 more branches, which are going to be opened shortly. We have applied to DAB for license of more branches. Our plan to have 100 branches by year end 2012 by opening branches in all provinces / the district headquarters.

    Now we have installed our own ATM machines at 14 locations in Kabul and started issuing the ATM- Proprietary Cards to our customers FREE OF COST to withdraw the cash 24x7 including holidays from ATMs. We are in the process to install 6 more ATMs shortly. We are shortly going to issue branded Master card to our valued customers. (ATM Locations: 1.Main Branch 2.MOD Branch 3.Macrorayan 4. Faisal Business Center, Khairkhana 5.MRRD 6.MOFA 7.Abaseen Zadran Market, Kote-Sangi 8. 400 Bed Hospital 9.City Centers 10. Main Branch for Master Card 11.Kabul Airport 12. American University)

    In the year 2009, we achieved another milestone in banking history of Afghanistan by purchasing the Development Bank of Afghanistan from Da Afghanistan Bank (Central Bank of Afghanistan) and after that we have restarted the banking operations with the new name as Bakhtar Bank (100% subsidiary of Azizi Bank ) with 15 branches license in hand from June 21,2009. Now 19 branches of Bakhtar Bank have already been opened.

    Azizi Bank has no pretensions of catering to any particular class of customers. Its primary aim is financial inclusion with a pan-Afghanistan presence. Accordingly, there are no charges for opening/maintenance accounts, issue of passbooks/statements of account and for Cheque collection and no minimum balance requirement for salary accounts etc.

    The deposit products (Current Account, Savings Fund, and Fixed/Term Deposits) have been designed to encourage the saving habit and offer convenience and reasonable returns. Credit products introduced by the bank take care of the basic requirements and promote enterprise (Fund-based facilities e.g. Term/Working capital Loans and Non-fund based facilities e.g. Letters of Credit and Financial/Performance Guarantees for Trade and Industry). During 2009, the Bank started Mortgage loans and Housing loans for purchase of Commercial Offices, Shops & Residential Apartments. We have also given the big loan through syndication and Azizi Bank is leader of the consortium.

    Local/international remittance facilities are available to account/non-account holders as the bank has a correspondent-banking network (Commerz Bank AG Frankfurt, Germany, T.C. Zirat Bank, PNB London) with leading global banks. Inward/outward remittance facility is available in various currencies through SWIFT and Western Union. Special facility for INR remittances is available for the Indian community in Afghanistan through a special tie-up with a leading Public Sector Bank in India i.e. Bank of India and Leading Private Sector Bank- HDFC.

    The Bank has plans of expanding its presence in Afghanistan to 100 branches by the 2012 year end and thereafter proposes to go international. It is also extremely keen to forge fresh tie-ups with leading banks and financial institutions with a view to promote trade and to channelize the imports and exports through formal banking channels.

    Islamic Banking: Azizi Bank plans to start Islamic Banking as a window and plans to have full-fledged Islamic Banking in its subsidiary Bank: Bakhtar Bank. In future may consider converting Bakhtar Bank as an Islamic Bank to cater to the emerging needs of Afghanistan.

USPs

    Strategic location in central business district & other Provinces.

    Having its own Head office five story Building at prestigious location in Kabul

    Network of 74 branches in Kabul (32) & various provinces (42).

    Unmatched physical infrastructure with ample parking space

    State-of-the-art security, technology and communication systems

    Paid-up capital of USD 57.35 million against the central bank stipulated level of USD 5 million.

    Safe and Secure remittance facilities across the globe through SWIFT and Western Union+ Special facility of Indian Rupees transfers.

    Core Banking: Any Branch Banking.

    Internet Banking.

    Mobile /SMS Banking.

    Push SMS Facility: alert for each transaction

    ATMs: Free ATM Cards to withdraw cash 24x7.

    Biometric System: Finger Print Recognition

    Master Card: Credit card

    Master Card: Debit-(Coming soon)

Correspondent Network

    Commerz Bank, AG Frankfurt, Germany.

    Standard Chartered Bank, Kabul

    T.C.Zirat Bank, Turkey

    Bank of India, India

    HDFC Bank, India

    PNB International ltd, London.

Operations team

·         Well-trained 1500+ member team with good experience in central, commercial banking

·         Enthusiastic, computer-savvy & young employees (average age 28)

Our Auditors

Products and Services

CBS: Core Banking Solution - Any Branch Banking

    Savings/ Current/ Term Deposits in Afghani, USD Euro & GBP

    Salary accounts with Zero Balance Facility.

    Money exchange services.

    Collection of Cheques, Instruments, Bills, Documents.

    Issuance of Pay order / Cash order / Bankers, cheque.

    Local and international remittance facilities.

    Fund-based (Term/Working capital Loans) and Non-fund based facilities e.g. Letters of Credit and Financial/Performance Guarantees for Trade and Industry.

    Fast and Easy transfer of funds through Western Union Money Transfer Services.

    Speed Remittance facility to remit in Indian Rupees to any Bank A/C in India.

    SWIFT remittance facility.

    Internet Banking

    Mobile/SMS Banking

    Push SMS Facility: alert for each transaction

    ATMs: Free ATM Cards to withdraw cash 24x7.

    Biometric System: Finger Print Recognition.

    Master Card; Debit/Credit (Coming soon).

Special Features

    No account opening charges

    No account maintenance charges

    Free passbook/statement of account

    Free collection of local cheques

    Zero Balance Salary Accounts

    No charges for deposit/ withdrawal of Foreign Currency

    Nominal Remittances charges

    Free ATM Card

Our motto is not merely customer satisfaction but, Customer delight

Address: Head Office & Main Branch, Zanbaq Square, Main Road, Kabul

Telephone: Digital: 2104470; Mobile: 0799 700 900, Fax: 020-210 4471

E-Mail: info@azizibank.af. customercare@azizibank.af

Websites: www.azizibank.com. www.azizibank.af