The Afghanistan Chamber of Agriculture and Livestock Products and Afghanistan International Bank (AIB) have signed a Memorandum of Understanding (MoU) aimed at strengthening banking cooperation, supporting the private sector, and facilitating access to financial services for farmers and businesses operating in the agriculture and livestock sectors.

Alhaj Khan Mohammad Forotan, Chairman of the Board of Directors of the Chamber, led the signing ceremony. In his remarks, he expressed appreciation for AIB’s continued cooperation with the private sector and highlighted the importance of strengthening financial support for the agriculture and livestock sectors.

He emphasized the need to facilitate farmers’ access to Islamic financing, streamline banking procedures, reduce bureaucratic barriers, and expand financial services tailored to the needs of agricultural and livestock businesses.

Ahmad Javid Wahidi, Head of Wholesale Banking at AIB, briefed participants on the bank’s activities, services, and achievements. He reaffirmed AIB’s readiness to expand cooperation with the Chamber and its members across various financial areas, noting that the signing of the MoU represents an important step toward identifying and addressing the financial needs of the agriculture and livestock sectors.

The meeting also included discussions on AIB’s plans to further develop digital banking services and its transition toward becoming an Islamic bank.

The ceremony was attended by Alhaj Akhtar Mohammad Ahmadi, Deputy of the Chamber; Haji Omid Haidari, Director of International Relations; Dr. Wasim Safi, Chief Executive Officer of the Chamber; and a number of officials from Afghanistan International Bank.

The Afghanistan Chamber of Agriculture and Livestock Products considers the signing of this MoU an important step toward strengthening cooperation between the private sector and financial institutions, supporting domestic production, and creating greater financial opportunities for farmers and businesses in the agriculture and livestock sectors.