SPY443.18+5.32 1.22%
DIA347.56+5.06 1.48%
IXIC15,052.24+155.40 1.04%

EXCLUSIVE-Taliban launch charm offensive with Afghan banks amid funding fears

reuters.com · 09/01/2021 12:23
EXCLUSIVE-Taliban launch charm offensive with Afghan banks amid funding fears

By Tom Arnold, Marc Jones and Karin Strohecker

- The new, Taliban-appointed head of Afghanistan's central bank has sought to reassure banks the group wants a fully-functioning financial system, but has so far provided little detail on how it will supply funds to sustain it, said four bankers familiar with the matter.

Acting central bank governor Haji Mohammad Idris met members of the Afghanistan Banks Association and other bankers this week, and told them that the Taliban viewed the banking sector as imperative, said two bankers who attended the meeting. The militant group which now controls the country was working to find solutions for liquidity and rising inflation, they quoted Idris as saying.


Afghan currency slumped as Taliban took overhttps://tmsnrt.rs/3kHRdlM

Afghanistan central bank picture of Aug 29 meeting with commercial bankshttps://tmsnrt.rs/3jvzIpo

(Editing by Peter Graff)

((Tom.Arnold@thomsonreuters.com; +442075428510; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))