A run on Afghan's biggest bank | Bangkok Post: business

Business > Economics

A run on Afghan's biggest bank

Afghan officials sought Saturday to head off a run on the country's biggest bank, reassuring customers of Kabul Bank that their money was safe following corruption allegations in US newspapers.

Afghans wait to withdraw money from the Kabul Bank in Kabul on September 2. Branches of Afghanistan's biggest private bank were crowded Saturday morning with government employees queuing to be paid and customers wanting to withdraw their money following corruption allegations.

Branches of Kabul Bank across the country were crowded as anxious depositors joined hundreds of thousands of government employees queuing to collect their salaries, which were being paid through the bank on Saturday.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

About the author

columnist
Writer: AFP News agency
Position: Agence France-Presse

Your comments

  • Hypocrisy

    Discussion 13 : 06/09/2010 at 08:44 AM13

    What were we saying about education in Thailand?

  • Somboon

    Discussion 12 : 05/09/2010 at 11:13 PM12

    It has been known for years, but the US denied it, that the Kazai government is rampant with corruptions. Just about everything has to go through his brother.

    The US is now contemplating bail out the banking system, otherwise the War Against the Talibans will be in seriously jeopardy. This War can never be won, no matter who the president is.

  • ubis

    Discussion 11 : 05/09/2010 at 02:08 PM11

    Education problem ????????

  • Bangkok Rebel

    Discussion 10 : 05/09/2010 at 01:27 PM10

    Bangkok Post change the header rapidly!...South Africa can sue you for this if they are confronted by unrest in the financial markets...

  • proof

    Discussion 9 : 05/09/2010 at 12:54 PM9

    Maybe it is proof that the problem in this country is not the current education system but the lack of respect for the learning of knowledge over the past 20 years. You do not educate yourself in this country to gain knowledge. Education is only for promotion.

  • fred

    Discussion 8 : 05/09/2010 at 10:46 AM8

    HEHE

  • alan Lanell

    Discussion 7 : 05/09/2010 at 10:22 AM7

    a very good reason to not believe anything written in the BKK Post.

  • Suku

    Discussion 6 : 05/09/2010 at 09:18 AM6

    Hi, as one who knows South Africa well, was shocked to read the headline, but when I read the news, had a big laugh..great Sunday !! How did it pass the Editorial approval...even the Editors don know !! Lets not take it too serious..it is just a 'printing mistake'.

  • Dis Gusted

    Discussion 5 : 05/09/2010 at 09:16 AM5

    After that headline, I think its obvious you don't need to take a survey to improve your publication....how about just getting the facts right.

  • Ned

    Discussion 4 : 05/09/2010 at 07:41 AM4

    Thai's are not to hot on geography. Or maths or history or education in general.

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.