Azizi Bank

Azizi Bank

Azizi Bank is the name of a commercial bank in Afghanistan, which has its main branch in Kabul. It also has branches in many provinces of the country. The bank opened in June, 2005 and is named after its chairman, Mirwais Azizi. A villa adjacent to the Presidential Palace has been purchased and converted for the bank's use.

The bank's accounts include the Qismat or "lucky" account, launched in August 2005, which pays no interest in accordance with Islamic law, but instead gives savers the chance of winning prizes such as cars and jewelry.

References

* [http://www.azizibank.com/ Official Website]
* [http://www.time.com/time/magazine/article/0,9171,1565618-1,00.html Time Magazine - Capitalism Comes to Afghanistan (December 4, 2006)]
* [http://www.smh.com.au/news/business/lifes-a-lottery-in-the-new-afghanistan/2006/09/17/1158431585296.html?page=fullpage Sydney Morning Herald - Life's a lottery in the new Afghanistan (September 18, 2006)]


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