The objective of the project "is to enhance the corporate governance and operational efficiency of the supported Afghan state-owned banks, thereby contributing to their improved financial soundness and outreach".
The proposed project seeks to undertake the modernization of state owned banks in Afghanistan in order to address the underlying deficiencies of the country's financial sector that could result in economic growth and job creation.
The project will include the following three components:
(i) Strengthening the ownership role of Ministry of Finance and the corporate governance of state owned banks.
(ii) Supporting institutional development and business strategy of state owned banks as well as the modernization of IT systems and business processes of banks.
(iii) Support for project implementation and monitoring.
Ahmed Mohamed Tawfick Rostom
Senior Financial Sector Specialist
Email and telephone contacts were not disclosed.
ISLAMIC REPUBLIC OF AFGHANISTAN
Ministry of Finance
Deputy Minister - Administration
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