Bank-e-Millie Afghan

about bma Bank-e-Millie Afghan

Bank-e- Millie Afghan (BMA) was the first financial institution established in Afghanistan in 1933. Similarly, it was the first financial institution established in a public private partnership set up with 72 percent share held by private sector.As a first bank in the country, BMA introduced formal banking services to the people and government of Islamic Republic of Afghanistan.Since then, the banks competitive strength and ongoing market leadership philosophy lays in its strong capital base and proven trustworthiness. BMA started its operations with the initial investment assets of AFN 9.6 Million of which72 percent share washeld by the private sector and 28 percent by the government. In 1976, it was fully nationalized by the government of Afghanistan. From the time of its establishment, BMA is a leading banking in providing modern and secure banking services. Securing depositors’ funds is the top priority of the bank and it is taking all necessary steps to ensure that. At the same time, the bank is contributing considerably to the development of manufacturing, agriculture, services, and international trade in the country. BMA is operating based on strong corporate governance principles, financial risk management and strict compliance to keep its credibility and trust. As a trustable bank, BMA employs modern age technology, services and Core Banking Solutions (CBS). BMA has 15 city branches in Kabul and 21 provincial branches and equity investments in United States of America and England.And it is celebrating its 80th years of fame, reliance and having branches both inside and outside Afghanistan.

·         Shareholders General Assembly

·         Board of Supervisors

·         Internal Audit committee

·         Board of Management 

© Copyright 2016 Bank-E-Millie Afghan

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Last Updaed : Jun-24- 2017