Kabul-based Iranian bank, the Arian Bank engaged in commercial banking services, has been shut down due to money laundering charges and non-compliance of the Afghanistan banking policies..
Arian Bank, located in Wazir Akbar Khan in downtown Kabul, is an Afghan-based joint venture between Iran’s Bank Melli and Bank Saderat.
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Central Bank spokesman Aimal Ashoor said the Arian Bank’s license was cancelled because the bank could not operate better and did not follow the Afghanistan banking policies.