WV Forum for News, Politics, and Sports
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Are the Afghan banks too big to fail?

Go down

Are the Afghan banks too big to fail? Empty Are the Afghan banks too big to fail?

Post by Keli Sat Sep 04, 2010 7:57 pm

KABUL, Afghanistan —
In a bid to fend off the threat of a nationwide financial crisis, the Afghan government scrambled to come up with the funds to bail out Afghanistan’s largest bank on Saturday after lines of frantic depositors mobbed the bank for a third day.
At War

Details of the deal were still being worked out on Saturday by the Central Bank of Afghanistan with technical assistance from the United States Treasury Department, Afghan and American officials said. But American officials said no United States funds were involved in the bailout.
Keli
Keli

Number of posts : 3608
Age : 73
Location : Zarr Chasm, WV--between Flotsam and Belch on the Cheat River
Registration date : 2007-12-28

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum