Troubled Afghan bank faces another day of queues

AFP
Sunday, September 5, 2010

KABUL — Customers of Afghanistan’s biggest bank queued again Sunday in the hope of withdrawing their savings, though lines were shorter days after corruption allegations appeared in US newspapers.

Security appeared to have been stepped up at the head office of Kabul Bank, with armoured vehicles parked outside as crowds thronged the banking chamber.

Many customers said they wished to withdraw their money because they had lost trust in the bank, though others said they simply needed cash ahead of this week’s Eid holiday marking the end of the Muslim Ramadan fasting month.

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Waheed Shirzoi, 26, said: “I am withdrawing my money because I am taking a trip and I also believe my money will not be safe in this bank.

• A d v e r t i s e m e n t

“I think my money will be safer in the state-run banks,” he said.

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