IPFS News Link • Afghanistan
Karzai urges Afghans not to panic as bank withdrawals accelerate
• Washington PostEarlier in the day, Mahmoud Karzai voiced concern over Kabul Bank's
ability to withstand an onslaught of depositors demanding their money
back. "America should do something," he said in a telephone interview.
He suggested that the Treasury Department guarantee the funds of Kabul
Bank's clients, who number about 1 million and have more than $1
billion on deposit with the bank.