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Central Bank's intervention

Afghanistan's Central Bank has purged the senior management of Kabul Bank, the country's largest private financial institution. It wants to untangle a web of illegal loans and recover real estate purchased in Dubai with bank money, including lavish villas bought for Afghans connected to President Hamid Karzai.

Graphics shows afghanistan's Central Bank has purged the senior management of Kabul Bank, the country's largest private financial institution.

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Afghan bank takeover
Photos | Despite media reports of corruption at Kabul Bank, Afghan officials insist that it is not in danger of collapse.
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Afghan authorities take over largest bank to avoid meltdown
Article | Afghanistan's Central Bank has taken control of the country's biggest and most politically potent private bank in an effort to shore up a key pillar of the Afghan economy and also of the battle against the Taliban.

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