Afghans wait in line in entrance of Azizi Bank in Kabul, Afghanistan on this file photograph from September 2021 (Image: Reuters/ WANA)

During the later a part of 2021, after the Taliban takeover in August, ATMs dried up and folks have been seen queued up in entrance of banks outdoors Afghanistan’s cities

  • News18.com
  • Last Updated:January 15, 2022, 10:48 IST
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ATMs will turn out to be operational in Afghanistan for the primary time since Taliban takeover beginning Saturday, in response to studies by Afghanistan information businesses. Local media cited the press release by Afghanistan’s central financial institution, Da Afghanistan Bank (DAB), which stated that business banks will resume ATM providers. The press launch on Thursday stated that the DAB is working with banks to make sure that clients are in a position to withdraw cash from ATMs.

“Following meetings with the Afghanistan Banking Association and commercial banks, Da Afghanistan Bank has issued a circular for commercial banks on the basis of which commercial banks will be able to transfer money from their ATMs to customers at specific locations,” the DAB stated in a press launch initially launched in Pashto on its web site. It additionally stated that it’s working to revive normalcy within the banking system.

It additionally knowledgeable concerning the determination on Twitter on January 13 in a sequence of tweets.

Reports of ATMs drying up in Afghanistan have been launched by a number of information businesses earlier in August. A report by German information company Deutsche Welle confirmed that ATMs throughout capital metropolis Kabul and remainder of Afghanistan remained non-functional, 10 days after the terrorist group took over Afghanistan.

Legal information web site the Jurist, which works in collaboration with University of Pittsburgh within the United States, in a report from final month additionally defined how the banking system collapsed following the Taliban takeover. The report highlighted woes Afghans confronted within the metropolis of Mazar-e-Sharif the place greater than 200 folks queued nearly day by day in entrance of Azizi Bank for a number of hours in a bid to withdraw cash. The withdrawal restrict was additionally capped to AFN 10,000 or near $100.

The report additionally detailed the plight of Afghans who lived in distant cities and travelled day by day to succeed in cities with financial institution branches in a bid to withdraw money for necessities. It stated that folks travelled to the aforementioned financial institution department from distant cities like Samangan, Sheberghan, and Faryab to withdraw money. The report additionally highlighted that on the time it was written ATM providers in addition to MasterCard and VISA-related providers have been additionally halted. The report highlighted that Afghans have been solely depending on bodily forex quickly after the Taliban takeover.

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