Maiwand Bank: Best Corporate Banking Solutions Afghanistan 2021

Maiwand Bank

Maiwand Bank is committed to fostering growth for Afghan businesses and fortifying the country’s treasury. It was founded by prominent business leaders on a mission to support the people and economy of Afghanistan. The country has been embroiled in conflict in recent decades, making socio-economic development a challenge. Maiwand, a financially-sound regional bank with international operations, contributes to the country’s economic restructuring process. It has onboarded half a million new clients over the past decade and works with a cross-industry selection of companies and corporations. Maiwand offers a range of corporate banking solutions, including trade finance, term loans, overdraft protection, bank guarantees and letters of credit. The bank has assembled a team of dedicated professionals to serve clients through a 42-branch network spread across the major provinces in Afghanistan, and soon to achieve full national coverage. The tech-driven institution continually strengthens its digital platform to ensure customer security and convenience. Maiwand has established agreements with reputable multinational commercial banks to facilitate international payments and financial services. The bank’s deposits sit at $335m and advances at $150m. Over the next five years, Maiwand plans to increase support and financing for micro, small and medium-sized enterprises. It targets start-ups and micro-businesses and sees the MSME arena as one of high-growth and strong potential. The judging panel declares Maiwand Bank winner of the 2021 award for Best Corporate Banking Solutions (Afghanistan).