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IFC invests in first Afghanistan bank - 2004-01-18

Posted February 25th, 2010 by heritage
in
Source: 
www.jpost.com/servlet/Satellite?pagename=JPost/JPArticle/ShowFull%26 cid=1074485516564

The International Finance Corporation has signed an agreement with the Aga Khan Fund for Economic Development SA to invest in The First MicroFinanceBank of Afghanistan (FMFB-A), which was recently incorporated as the first full-service financial institution in Afghanistan.FMFB-A will provide credit and savings products to small businesses. The agreement marks IFC's first investment in Afghanistan since 1973.


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