Crowds gathered at Kabul Bank branches around the capital to withdraw dollar and Afghan currency savings, with customers saying they had lost faith in the bank’s solvency following a change in leadership and reports that tens of millions of dollars had been lent to political elites for risky real estate investments.
While there was little apparent sign of panic, Parker said contingency plans were being drawn up in case of unrest sparked by a run on the bank.
“We’re prepared to deal with the unexpected,” he said.
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