The Central bank of Afghanistan will tighten requirements for foreign banks

Almaty. April 29. Silkroadnews - The Central Bank of Afghanistan has changed the instructions to foreign banks after the close of Punjab Bank in Afghanistan, transmits the Afghan News Agency (AfTAG).
"The minimum capital investment required for a foreign bank to begin work in Afghanistan increased from $5 million to $20 million. This is due to lower activity of foreign banks in Afghanistan, in particular, the two largest banks closed their branches in the country", - says the publication.
As many economic analysts, the tightening of the requirements for foreign banks can reduce the level of foreign investment in Afghanistan.
In turn, the Association of Banks in Afghanistan (ABA) does not consider the negative impact of massive capital flight from the country as a the result of the increasing demands for investment capital.