Kabul Bank

Kabul Bank was a major financial institution in Afghanistan, established in 2004, that served individuals and businesses across the country. It grew rapidly, providing various banking services, but faced significant financial misconduct and mismanagement. In 2010, it became involved in a scandal where top executives embezzled billions of dollars, leading to a crisis of trust and systemic instability. The Afghan government took control to prevent wider economic damage, and international efforts were made to stabilize and reform the banking system. The Kabul Bank scandal highlighted challenges of governance, oversight, and corruption within financial institutions in fragile economies.