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Reza Huwaida Wednesday, September 9th, 2020

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Services Through Branchless Tweets by @DailyOutlookAfg
Banking
September 09,2020
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KABUL - In an e ort to facilitate access to the banking services through branchless


banking, a trilateral MOU was signed between Da Afghanistan Bank (DAB), Afghan
Post, and Afghanistan Banking Association.
The signing of this MOU is part of DAB’s e orts to to increase nancial inclusion
through expanding banking services and digital payments in Afghanistan, according
to a statement from DAB.
Based on this MoU, banks would be able to provide banking services in areas where
they do not have branches, by using the Afghan Posts branches as bank’s agents.
Afghan Post is a state-owned enterprise that is providing universal postal services
through more than 450 branches throughout the country. Afghan Post will provide
these services in light of the banking rules and regulations.
This MOU will have an immediate and large bene t for Afghanistan. Some bene ts
of this approach include:
1. An immediate way to have a bank branch in every part of Afghanistan
2. The ability to pay teachers in their home province instead of forcing them to
travel to the capital of each province

3. An immediate way to provide loans throughout the country (WADSAM)

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