Citizens criticize bank restrictions on withdrawals

KABUL (TOLOnews): It has been two years since banks imposed restrictions on withdrawing funds and citizens of the country are once again criticizing the restrictions on banks.
They said that after Islamic Emirate took over the country, the withdrawal of money faced restrictions and this problem has made them face many challenges and they called on the Islamic Emirate to address them. “In this current situation there is no work, and the customer is demanding money, the economy is weak. Private banks should provide customers’ money,” said Abdul Shokor Akbari, a Kabul resident.
“We could receive the money very easily and we could execute the contracts of our companies very easily; But for now, these limitations have created many problems for us,” said Tamim, a resident of Kabul.
Meanwhile, the Central Bank of Afghanistan said that they are trying to provide facilities for those who have bank accounts.
“Now, compared to the past, the amount of commercial bank customers’ loans has increased, which means that the restrictions have decreased, and in the same way, technical discussions with international institutions continue,” said Hasibullah Noori, the spokesman for the Afghanistan Bank.
The owners of some private banks said that in a few months, all restrictions on withdrawing money will be removed.
A number of economists believe that for the better functioning of banks, it is necessary for banks to provide better services to their customers.
“In order to increase the number of customers in the banking sector, it is necessary to supply banking products and services in a standardized and high-quality manner at reasonable prices and with transparency,” said Mer Shekib Mer, an economist.
Previously, the Central Bank of Afghanistan has said that the weekly withdrawal limit has been increased from 30,000 Afghani to 50,000 Afghani.