The State of Afghanistan’s Banking System

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BANKING SECTOR IN AFGHANISTAN 8TH ANNUAL US AFGHANISTAN BUSINESS MATCHMAKING CONFERENCE WASHINGTON DC., DEC 2-4, 2012

1

Da Afghanistan Bank (Central Ban of Afghanistan)


Banking Sector in Afghanistan 

Building a robust and stable financial system is one of the critical goals of Da Afghanistan Bank (DAB)

DAB has improved its supervisory procedures. In order to further strengthen the financial sector DAB has taken necessary steps toward improving its regulatory framework. The main achievements in this regard are:

   

Approval of the amendments in Banking Law by the Parliament; Approval of the final draft of the Islamic Banking law by the DAB Supreme Council and submitting it to Ministry of Justice Approval of the ADIC draft law by DAB Supreme Council and submitting it to the Ministry of Justice for further process. The DAB Supreme Council also approved amendments to the money services regulation.


Banking Sector in Afghanistan 

The banking sector accounting for 24.2 percent of GDP The banking sector in Afghanistan has witnessed visible improvement in size, structure, outreach and financial health during 2005 and 2011. Total assets of the banking system at the end of third quarter of 1390 (Dec. 20, 2011) increased by 2.5 percent, standing at AF197.17 billion (USD4.01 billion) compared to the same period of last year.


Banking Sector Performance 6000 5000

ASSETS (SIZE) LIABILITIES CAPITAL

4,867 4,485

4000

3,853

4,181 3,845

4,099 3,808

3,374 3000

2,800 2,449

2000 1000

386 178 0 208

Mar 05

614 424 190

Mar 06

1083 854

229

Mar 07

1674 1357 317

Mar 08

479

351

Mar 09

Mar 10

-1000 Figures in USD Million

335

Mar-382 11 Mar-12

291

Jul-12


Banking Sector Performance 4000 Loans

Deposits

3500

3,444

3,619

3,600

804

779

3,189 3000 2500

2,285 2000

1,765 1500

1,415

1278 812

1000 500 0

182 58

Mar 05

394 162

Mar 06

439

Mar 07

1,012 805

Mar 08

Mar 09

Mar 10

Figures in USD Million

Mar 11

Mar-12

Jul-12


Size of Afghanistan Banking Sector


Exchange Rate of AF against USD 

The nominal exchange rate of Afghani against US dollar depreciated at the beginning of current year (1391) and continued its downward trend throughout the next months.



Afghani depreciated by 5.38 percent from AF 49.40 per USD on March 21 to AF 52.06 on Sep 29, 2012, due to exogenous factors.


51.5

51

01-Jan-12 08-Jan-12 15-Jan-12 22-Jan-12 29-Jan-12 05-Feb-12 12-Feb-12 19-Feb-12 26-Feb-12 04-Mar-12 11-Mar-12 18-Mar-12 25-Mar-12 01-Apr-12 08-Apr-12 15-Apr-12 22-Apr-12 29-Apr-12 06-May-12 13-May-12 20-May-12 27-May-12 03-Jun-12 10-Jun-12 17-Jun-12 24-Jun-12 01-Jul-12 08-Jul-12 15-Jul-12 22-Jul-12 29-Jul-12 05-Aug-12 12-Aug-12 19-Aug-12 26-Aug-12 02-Sep-12 09-Sep-12 16-Sep-12 23-Sep-12

Nominal Exchange Rate of AF against USD Daily Average Exchange Rate of AF per USD (Jan 01 to Sep 29, 2012)

Daily Average ExR of AF/USD Average ExR

52.06

52 1391

50.86

50.5

50

49.5

49


Monetary instruments 

Foreign Exchange Auction: The foreign exchange auction is the primarily tool currently used by monetary policy to control the growth of money supply.


Capital Notes (CNs) Capital Note is the other instrument used by Da Afghanistan Bank to manage liquidity in the local financial market. Capital NotesAuction Volume and Interest Rates (06 Jan 2009 to 22 May 2012)

16.00 14.00

Amnt Awrd 182 day Notes (RHA)

12.00

Amnt awrd 28 day Notes (RHA)

7,000 6,000 5,000

Wetd. Avg. Int. Rate 28 day Notes (LHA)

10.00

Wetd. Avg. Int. Rate 182 day Notes (LHA)

4,000

8.00 3,000

6.00

2,000

4.00

06-May-12

06-Mar-12

06-Jan-12

06-Nov-11

06-Sep-11

06-Jul-11

06-May-11

06-Mar-11

06-Jan-11

06-Nov-10

06-Sep-10

06-Jul-10

06-May-10

06-Mar-10

06-Jan-10

06-Nov-09

06-Sep-09

0 06-Jul-09

0.00 06-May-09

1,000

06-Mar-09

2.00

06-Jan-09

WeightedInterest Rates




Thank You!


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