Bank-e-Millie_Afghan
Bank-e-Millie Afghan (BMA) was the first financial institution in Afghanistan, which opened in 1933 by Herati businessman Abdul Majid Zabuli. It was established as a public-private partnership, with a 72 percent share held by the private sector. BMA was instrumental in introducing formal banking services to the people and government.[1]
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In 1976, BMA was fully nationalized by the government of Afghanistan. BMA has 15 city branches in Kabul, along with 22 provincial branches.