Why We Should Be Concerned About The Solvency Of The Kabul Bank

Police from the domestic intelligence agency struggled to stop a crowd of people entering a branch of Kabul Bank to withdraw money on Wednesday. Adam Ferguson for The New York Times

Amid Kabul Bank Meltdown, Afghans Question U.S.-Style Capitalism -- Washington Post

KABUL - Kabul Bank became the pride of Afghanistan's financial system by offering the conveniences and thrills of 21st-century capitalism: branches in far-flung provinces, plentiful ATMs, and lottery prizes of cash and houses.

But the scene outside the bank's headquarters Wednesday was far from that modern ideal: Police used batons to beat back hundreds of government employees desperate to cash their paychecks amid fears that Kabul Bank will go bankrupt because of alleged corruption among its top executives.

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More News On The Kabul Bank

Soldiers Halt Workers at Kabul Bank -- New York Times
Afghan security forces beat angry customers to prevent run on Kabul Bank -- The Guardian
Police Beat Customers At Crisis-Hit Afghan Bank -- Radio Free Europe
Guards beat customers at crisis-hit Afghan bank -- Reuters
Mahmood Karzai profited on deal tied to Kabul Bank -- AP
Karzai's brother made $1m from Dubai deal financed by Kabul Bank -- Sydney Morning Herald
Karzai brother’s Kabul Bank villa deal revealed -- Tehran Times
Afghan elite enjoys high life in Dubai -- Financial Times
Karzai Family Ties Shielded Afghan Bank -- New York Times
Kabul Bank Too Big to Fail? -- Jed Babbin, American Spectator
Q+A-What went wrong at Kabulbank? -- Reuters