CNN.com - RSS Channel - HP HeroU.N. warns of 'colossal' collapse of Afghan banking system

The United Nations on Monday pushed for urgent action to prop up Afghanistan's banks, warning that a spike in people who are unable to repay loans as well as lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.

November 23, 2021 at 01:20AM https://ift.tt/30KcBjY United Nations on Monday pushed for urgent action to prop up Afghanistan's banks, warning that a spike in people who are unable to repay loans as well as lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.