Expanding the Outreach of Financial Services : The Experience of Financial Institutions

In 2007-08 Da Afghanistan Bank (DAB), the central bank of Afghanistan, was in the process of reforming the financial sector. While some considerable advances have been made with respect to basic legislation, some central banking reform, the introduction of new currency, and the beginnings of a microfinance sector, much work still remains to be done. These case studies examine the experience of the following five different groups of financial market participants operating in Afghanistan: reputable private investors; small and medium entrepreneurs; BRAC, a microfinance institution; Kabul Bank, a fast growing commercial bank; and Bank Millie, a state-owned bank. The examination of each institution will address the factors that have facilitated expansion and the constraints it has faced in further expanding financial services. This report also analyses the constraints and opportunities that are common to one, several or all of these financial market participants, and concludes with recommendations from the perspectives of these institutions.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2008-05
Subjects:	ACCESS TO BANK, ACCESS TO BANKING, ACCESS TO BANKING SERVICES, ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCOUNTING, AMOUNTS OF COLLATERAL, AUDITING, BANK ACCOUNT, BANK CREDIT, BANK FINANCING, BANK LOAN, BANK LOANS, BANK OPERATION, BANKING EXPERTS, BANKING NETWORK, BANKING REFORM, BANKING SECTOR, BANKING SUPERVISION, BANKING SYSTEM, BANKING SYSTEMS, BANKRUPT, BID, BORROWER, BUSINESS EXPANSION, BUSINESS OPPORTUNITIES, BUSINESS TRANSACTION, CAPACITY BUILDING, CAPITAL LOANS, CAPITAL NEEDS, CAPITAL SHORTAGES, CASH FLOW, CASH FLOWS, CENTRAL BANK, CENTRAL BANKING, CHECKS, COLLATERAL, COLLATERAL REGISTRATION, COLLATERALS, COMMERCIAL BANK, COMMERCIAL BANKERS, COMMERCIAL BANKING, COMMERCIAL BANKS, COMMERCIAL COURTS, CORPORATE GOVERNANCE, COST OF LOANS, COURT SYSTEM, CREDIT GUARANTEE, CREDIT INFORMATION, CREDIT INFORMATION BUREAU, CREDIT OFFICERS, CREDIT RECORD, CREDIT RELATIONSHIP, CREDIT RELATIONSHIPS, CREDIT RISK, CREDIT UNION, CURRENCY, DEFERRED PAYMENT, DEMAND FOR CREDIT, DEPOSIT, DEPOSIT PROTECTION, DEPOSITS, DUE DILIGENCE, EARNINGS, ECONOMIC GROWTH, EMPLOYEE, EMPLOYMENT, ENABLING ENVIRONMENT, ENTERPRISE DEVELOPMENT, ENTREPRENEUR, ENTREPRENEURS, EXTERNAL FINANCING, FINANCE COMPANY, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIATION, FINANCIAL LAWS, FINANCIAL MARKET, FINANCIAL MARKET PARTICIPANTS, FINANCIAL MARKETS, FINANCIAL NEEDS, FINANCIAL PERFORMANCE, FINANCIAL SECTOR POLICY, FINANCIAL SERVICE, FINANCIAL SERVICES, FINANCIAL SYSTEM, FINANCIAL SYSTEMS, FINANCIAL TRANSACTIONS, FOREIGN GOVERNMENT, FORMAL BANKING, FORMAL BANKING SYSTEM, FORMAL FINANCIAL SECTOR, GOOD CREDIT, HIGH INTEREST RATES, HOLDING, HOUSING, HOUSING LOANS, HUMAN RESOURCE, HUMAN RESOURCES, INCOME, INCOME GROUPS, INDIVIDUAL BANKS, INFORMATION SHARING, INSTALLMENT, INSTALLMENTS, INTEREST RATE, INTEREST RATES, INTERNAL FUNDS, INTERNATIONAL BANKING, INVESTMENT CAPITAL, INVESTMENT CLIMATE, LACK OF ACCESS, LAWS, LEGAL FRAMEWORK, LEGAL RIGHTS, LEGISLATION, LENDERS, LENDING PORTFOLIO, LIMITED ACCESS, LIMITED ACCESS TO FINANCE, LIQUIDITY, LOAN AMOUNT, LOAN PORTFOLIO, LOAN SIZE, LOCAL CAPACITY, LOCAL MARKET, LONG-TERM LOANS, MAJORITY OF SHARES, MFI, MFIS, MICROFINANCE, MICROFINANCE INSTITUTION, MICROFINANCE INSTITUTIONS, MICROFINANCE SECTOR, MONEY LENDERS, MORTGAGE, MORTGAGE LAW, MORTGAGE LAWS, NATIONAL DEVELOPMENT, NEGOTIABLE INSTRUMENTS, NET PROFIT, NEW ENTRANTS, NON-PERFORMING LOANS, OPERATIONAL EFFICIENCY, OUTREACH, OUTSTANDING LOANS, PRICE RISKS, PRIVATE COMMERCIAL BANKS, PRIVATE INVESTORS, PRIVATE SECTOR DEVELOPMENT, PROFITABILITY, PROFITABLE BUSINESS, PRUDENTIAL REGULATIONS, REAL ESTATE, REAL ESTATE ASSETS, RESTRUCTURING PROCESS, RISK ASSESSMENTS, SALARY, SAVINGS, SMALL BORROWERS, SMALL BUSINESS, SMALL BUSINESSES, SMALL ENTERPRISE, SOLVENCY, SOLVENCY PROBLEMS, SPECIALIZED BANKS, SUPERVISORY FRAMEWORK, SUSTAINABLE INVESTMENT, TAX, TRADE CREDIT, TRADE FINANCING, TRADING, TRADING ACTIVITIES, TRAINING OF JUDGES, TRANSACTION LAW, TURNOVER, URBAN AREAS, WAGES, WEAK CORPORATE GOVERNANCE, WORKING CAPITAL,
Online Access:	http://documents.worldbank.org/curated/en/2008/05/16278172/afghanistan-expanding-outreach-financial-services-experience-financial-institutions-case-study-prepared-enabling-environment-conference https://hdl.handle.net/10986/12500
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