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December 21, 2006

Economic opportunity from under the floorboards

"People are coming who have never seen a bank before. They are pulling their money from under the
floorboards and we are putting it into circulation through loans."

                   - Hayatullah Dayani, Azizi bank's chief of business development

"It's not like investing in Austria or the United Arab Emirates where things are pretty straightforward. Given that we are only just emerging from a postconflict situation, things are very complicated. But the possibilities are endless if you are able to adapt."

                   - Mohammad Rafi Fazil, economics officer for the Asian Development Bank (ADB) in Afghanistan.

"The economy is moving forward. Afghans are hungry. We are tired of war and we want to buy. We want to build."
                  - Karim Khan, one of 60,000 Afghans in four months to open a new account at Azizi Bank

See: Capitalism Comes to Afghanistan, Time Magazine, By ARYN BAKER.

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