Azizi Bank

What Azizi Bank does

Azizi Bank Limited is Afghanistan's largest commercial bank, founded in 2006 by Mr. Mirwais Azizi and headquartered on Zanbaq Square Main Road in Kabul. It operates 60+ branches and extension counters across all 32 Afghan provinces, supported by 104+ ATMs, an agency banking network for unbanked customers, and a wholly-owned subsidiary — The Islamic Bank of Afghanistan — which adds another 46 branches and 33 ATMs. The bank reports 1,001–5,000 employees and serves individuals, corporates, NGOs, government entities, and targeted segments including women, students, children, and senior citizens.

The product portfolio spans deposit accounts (current, savings, fixed deposits with tenures of 3 months to 5 years and rates up to AFN 4.50%/USD 3.50%), credit facilities (overdrafts, term loans, public loans, letters of credit, guarantees, and the RIFA lending scheme for women and corporates), card products (Master Debit, Master Prepaid, and domestic ATM cards), and international remittances via direct SWIFT membership (AZBAAFKA) plus agent integrations with Western Union, MoneyGram, and Ria across 11 currencies. Digital channels include the AziPay mobile wallet on iOS and Android, an internet banking portal, M-Commerce, and POS-enabled digital payments — the bank self-describes as a pioneer in digital channelization in Afghanistan.

Revenue is generated primarily through net interest income on the lending book, recurring deposit and account maintenance fees (e.g., AFN 15/month on AFN savings), card annual fees (e.g., AFN 400/USD 5 for Master Debit), transaction-based money transfer charges, and FX margins. Distribution is omnichannel: 60+ branches for face-to-face banking, 104+ ATMs for 24/7 self-service, agency banking agents for last-mile financial inclusion, and digital channels for remote transactions. The bank's four stated core values are Operational Excellence, Customer Focus, Product Leadership, and People & Sustainability, and it operates under Afghan commercial banking regulation with no identified parent company or external institutional investors.

Name

Azizi Bank

Legal name

Azizi Bank Limited

Website

https://azizibank.af

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Azizi Bank is Afghanistan's largest commercial bank, offering deposits, credit, cards, agency banking, and the AziPay mobile wallet through 60+ branches, 104+ ATMs, and a subsidiary Islamic bank across all 32 provinces.

Ownership category

akta.pro rank

Headquarters

HQ city

Kabul

HQ country

Afghanistan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Interest Income: Income from lending activities including overdrafts, long/mid term loans, public loans, loans against fixed deposits, and specialized RIFA lending scheme for women and corporate
2. Deposit Account Fees: Monthly account maintenance fees (AFN 15 for AFN account, USD 0.50 for USD account), minimum balance requirements, duplicate statement fees, non-maintenance fees
3. Money Transfer Services: International funds transfers through Western Union, MoneyGram, Ria, and SWIFT network with nominal charges in 11 currencies
4. Card Services: Master Debit Card (AFN 400/USD 5 annual fee), Master Prepaid Card, Domestic ATM Card with various annual and transaction fees
5. Fixed Deposits: Fixed deposits with interest rates up to AFN 4.50% and USD 3.50%, tenures from 3 months to 5 years

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Azizi Bank is Afghanistan's largest commercial bank delivering a comprehensive suite of deposit, lending, payments, and remittance products. Core offerings include current and savings accounts in multiple variants (Individual, Corporate, ROYALE premium, NGO, Women's, Student's, Kid's, Senior Citizen, Salary), fixed deposits with tenors of 3 months to 5 years, trade finance and credit facilities (overdrafts, term loans, guarantees, letters of credit, RIFA lending for women and corporate), MasterCard debit and prepaid cards, ATM services, agency banking for unbanked customers, AziPay mobile wallet, e-banking and M-Commerce, plus international money transfers through Western Union, MoneyGram, SWIFT, and Ria in 11 currencies.

Product overview

Azizi Bank offers a comprehensive banking and financial platform across Afghanistan with 60 branches (including extension counters) and 104 ATMs, plus its subsidiary The Islamic Bank of Afghanistan with 46 branches and 33 ATMs. The core product portfolio centers on deposit products (Current Accounts in 9 variants including ROYALE premium, Savings Accounts in 4 variants, and Fixed Deposits), credit facilities (Trade Finance, Overdraft, Term Loans, Guarantees, Letters of Credit, and RIFA lending for women/corporate), and card products (Master Debit, Prepaid, and ATM cards). Digital channels include AziPay mobile wallet, e-banking, and M-Commerce. Money transfer services encompass Western Union, MoneyGram, Ria, and SWIFT for both domestic and international transfers. Agency Banking extends branchless services through agents. The bank positions itself as a technology leader in Afghanistan's digital banking transformation.

Differentiator

Problem solved

Functional benefit

Products and services

• Current Account Current account designed for customers who want to deposit or withdraw funds by cheques, through cash tellers at bank branches, or through ATM machines, generally for large regular transactions. Available in nine variants including ROYALE premium, Individual, Corporate, Student's, Kid's, Salary, Women's, and NGO accounts.
• Savings Account Basic bank account that allows deposit of money, safekeeping, and withdrawal of funds while earning interest. Variants include standard Savings Account, Senior Citizen Savings Account, Kids Savings Account, and Salary Savings Account.
• Fixed Deposit Safe and secure fixed deposit investment with higher interest rates for tenures of 3 months up to 5 years. Interest rates up to AFN 4.50% and USD 3.50%. Minimum amount AFN 10,000 / USD 300. Credit card and loan against FD available. Premature withdrawals allowed.
• Agency Banking Branchless banking extending the network of branches and services to unbanked customers through agents located in their proximity. Services include account opening, cash in/out, balance inquiry, mini statement, document collection, and bill payments.
• AziPay eBanking Mobile wallet-based solution allowing wallet holders to make cashless payments with mobile phones, send money, and withdraw cash from ATMs without requiring a card. Features include bank account balance enquiry, E-KYC, bill payments, fund transfers (account to account, account to wallet, wallet to account, wallet to wallet), ATM cash out (cardless), request money, and scan and pay. Available on iOS and Android.
• Trade Finance and Credit Facilities Credit facilities covering both fund-based and non-fund-based services, extending various types of business and non-business loans. Includes Overdraft, Long/Mid Term Loan, Public (General) Loan, BID Guarantee, Performance Guarantee, Counter Guarantee, Letter of Credit, RIFA Lending Scheme for Women, and RIFA Corporate Loan, for entrepreneurs and individuals to fulfill credit requirements.
• Western Union Money Transfer International funds transfer (cash to cash at the counter) through Western Union, available for domestic transfers within Afghanistan and international transfers. No bank account required. Required document: National ID (Tazkira) or valid passport.
• MoneyGram Services International and domestic money transfer services through MoneyGram at approximately 380,000 locations in more than 200 countries and territories. Enables P2P payments for customers and non-customers.
• SWIFT International Fund Transfers International funds transfers through SWIFT network, enabling safe and secure money transfers from/to any part of the world at nominal charges. Available in 11 currencies (USD, EUR, GBP, CNY, INR, UZS, TRY, KZT, BHD, SAR, AED). SWIFT Code: AZBAAFKA.
• Master Debit Card International Master Debit Card for national and international transactions with annual fee of AFN 400 / USD 5, accepted globally wherever MasterCard is accepted.
• Master Prepaid Card Prepaid card for international transactions with discounted annual fee, usable wherever MasterCard is accepted globally.
• Debit ATM Card Domestic ATM card for cash withdrawals and transactions within Afghanistan.
• ROYALE Current Account Premium current account offerings under the ROYALE brand for individual and corporate customers, featuring enhanced services and benefits.
• Women's Current Account Dedicated current account product for the female community of Afghanistan. Eligibility: Adult Afghan females above 18 years with valid KYC documents. Currency: AFN and USD. Features include free account opening, free monthly maintenance, free SMS alerts, free internet banking registration, and free AziPay mobile wallet registration.
• The Islamic Bank of Afghanistan First full-fledged Islamic Bank in Afghanistan, wholly owned by Azizi Bank, offering Shariah-compliant banking products and services with 46 branches and 33 ATMs distributed across the country.

Quantifiable outcome

• Available in 11 currencies (USD, EUR, GBP, CNY, INR, UZS, TRY, KZT, BHD, SAR and AED)
• +2 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core.

• Western UnioncoreTechnology or IntegrationAzizi Bank provides Western Union money transfer services at extended counters, enabling international funds transfers (cash to cash at the counter) from any part of the world. Customers can send and receive money from any branch in seconds without requiring a bank account.
• MoneyGramcoreTechnology or IntegrationInternational and domestic money transfer services through MoneyGram with single point-of-service platform at approximately 380,000 locations in more than 200 countries and territories. Enables digital P2P payments.
• SWIFTcoreTechnology or IntegrationAzizi Bank is a direct member of SWIFT (Society for Worldwide Interbank Financial Telecommunication) enabling safe and secure international funds transfers from/to any part of the world at nominal charges. SWIFT Code: AZBAAFKA.
• RiacoreTechnology or IntegrationInternational and domestic money transfer services through Ria. Withdrawal allowed without limit from all 60 Azizi Bank branches throughout the country.
• MasterCardcoreTechnology or IntegrationAzizi Bank issues International Master Debit Cards and Master Prepaid Cards for national and international transactions, accepted globally wherever MasterCard is accepted.
• The Islamic Bank of AfghanistancoreOthersAzizi Bank owns The Islamic Bank of Afghanistan - the first full-fledged Islamic Bank in the country with a wide spread distribution of 46 branches and 33 ATMs across the country.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Afghanistan International Bank: One of Afghanistan's largest privately held commercial banks offering similar deposit, lending, card, and digital-banking services to retail, corporate, and NGO customers. Directly comparable in product mix, customer base, and Afghan-market operating model.
• Bank-e-Millie Afghan: Long-established Afghan commercial bank providing current accounts, savings, fixed deposits, trade finance, and card services across Afghanistan. Closely comparable in branch-based deposit-gathering model and corporate-banking focus.
• Kabul Bank: Major Afghan commercial bank with multi-branch retail and corporate deposit-taking operations and trade-finance offerings. Directly comparable in domestic-market focus and product breadth despite past governance issues.
• Pashtany Bank: Afghanistan's state-owned commercial bank with the largest branch network in the country, offering deposit accounts, lending, and government banking services. Comparable in scale and product scope; differentiated only by state ownership.
• Maiwand Bank: Afghan commercial bank providing retail and corporate deposit products, lending, and digital-banking services. Comparable to Azizi in targeting the same domestic retail, SME, and corporate customer base within Afghanistan.

Regional players

• Habib Bank Limited (HBL): Pakistan-headquartered bank with an Afghanistan presence offering deposits, trade finance, and remittance services. Comparable through cross-border remittance flow serving Afghan customers and overlap in South Asia trade-finance corridors.

Broad incumbents

• Standard Chartered Bank: Global universal bank with regional presence and correspondent-banking relationships that overlap with Azizi's international trade-finance and SWIFT-routed transactions. Comparable as a benchmark for cross-border payment rails and treasury products, not as a direct retail competitor in Afghanistan.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/AZBOfficialPage
• Facebookfacebook.com/AziziBankOfficialPage

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Azizi Bank