Full ReportAIB has a well-established reputation for distinguished performance, maintained in 2016 by again recording a successful year despite difficult market conditions, and continuing its unbroken sequence of winning industry awards.
CFI.co ‘Best Corporate Governance award
AIB wins the CFI.co ‘Best Corporate Governance, Afghanistan’ award for the fourth consecutive year
Sibos (SWIFT International Banking Operations Seminar)
The Bank exhibited at Sibos for the second time
The Banker magazine
AIB wins Banker magazine’s ‘Bank of the Year Afghanistan’ award for the fifth consecutive year
2016
AIB wins the CFI.co ‘Best Corporate Governance, Afghanistan’ award for the fourth consecutive year and The Banker magazine designates AIB as ‘Bank of the Year’ in Afghanistan for the fifth year running.
The structural shell of the Bank’s new Head Office is completed and fit-out begins.
The Bank exhibits at Sibos for the second time.
2015
Khalilullah Sediq retires as CEO to become Governor of Da Afghanistan Bank (Afghanistan’s Central Bank).
AIB again wins the CFI.co ‘Best Corporate Governance, Afghanistan’ award 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 for the first time.
2014
The Banker magazine designates AIB as ‘Bank of the Year’ in Afghanistan for the third consecutive year.
AIB wins ‘Best Corporate Governance, Afghanistan’ in the 2014 CFI.co awards.
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.