During 2015, AIB maintained its well-established reputation for distinguished performance, recording a successful year in difficult market conditions and receiving more awards for its pioneering achievements.
HISTORY AND PERFORMANCE OF AIB
Sibos (Swift International Banking Operations Seminar)
The Bank exhibits at Sibos (Swift International Banking Operations Seminar) for the first time
AIB wins the CFI.co ‘Best Corporate Governance,
AIB wins the CFI.co ‘Best Corporate Governance, Afghanistan’ award for the second consecutive year
The Banker magazine
AIB wins Banker magazine’s Bank of the Year Afghanistan award for the fourth consecutive year
2015
Khalilullah Sediq retires as CEO to become Governor of Da Afghanistan Bank (Afghanistan’s Central Bank).
AIB wins the CFI.co ‘Best Corporate Governance, Afghanistan’ award for the second consecutive year, and The Banker magazine designates AIB as ‘Bank of the Year’ in Afghanistan for the fourth year running.
Construction of the Bank’s new Head Office reaches the ninth floor.
The Bank exhibits at Sibos (Swift International Banking Operations Seminar) for the first time.
2014
After being nominated by the World Bank, AIB wins ‘Best Corporate Governance, Afghanistan’ in the 2014 CFI.co awards.
The Banker magazine designates AIB as ‘Bank of the Year’ in Afghanistan for the third consecutive year.
The Bank begins building its 15,500 m² 12-storey head office.
2013
The Banker magazine again designates AIB as ‘Bank of the Year’ in Afghanistan.
2012
Deposits exceed $800 million.
AIB acquires Standard Chartered Bank’s business in Afghanistan.
The Banker magazine designates AIB as ‘Bank of the Year’ in Afghanistan.
2011
Deposits exceed $500 million.
Site of 4,550 m² purchased for development of new head office, a 12-storey property with total built area of roughly 15,500 m².
2010
AIB pays first dividend to shareholders, with total distribution of $10 million.
2008
Appointed bankers to the American forces in Afghanistan.
2007
AIB shows annual profit for the first time.
2006
Khalilullah Sediq joins as Chief Executive Officer.
2005
Opening of first branch outside Kabul.
2004
AIB signs a Management Services and Technical Assistance Agreement with ING Institutional and Government Advisory Services BV, the independent advisory unit of Netherlands-headquartered ING Wholesale Banking. This agreement expired in September 2007, ING having fulfilled its mandate.
Asian Development Bank’s Board of Directors approves a $2.6 million equity investment in AIB.
ADB enters into an agreement with three other investors to form the shareholders group, each owning 25 percent equity.