Native name | عزیزی بانک |
---|---|
Company type | Private |
Founded | June 2006 |
Headquarters | Wazir Akbar Khan, , |
Key people | Mirwais Azizi |
Number of employees | 1,326 [1] |
Website |
www |
Azizi Bank is one of the largest commercial banks in Afghanistan. It has 56 branches including extension counters and around 88 automated teller machines across Afghanistan. [1] The bank opened on June 13, 2006, and is headquartered in the Wazir Akbar Khan neighborhood of Kabul, Afghanistan. [2] Mirwais Azizi is the founder and chairman of the bank.
Azizi Bank currently has around 1,326 employees, 12% of whom are females. [1] [3] During the 2021 Taliban offensive, some members of the Taliban escorted female employees of Azizi Bank in Kandahar and ordered them not to return to work. [4]
Farhad Azizi | |
---|---|
Born | 1982 (age 41–42) |
Education | University of Tulsa, Suffolk University in Boston |
Occupation(s) | businessman, investor and entrepreneur |
Known for | Chairman and owner of Azizi Bank |
Parent |
|
Farhad Azizi is a UAE based businessman, [5] [6] billionaire, investor, entrepreneur and the CEO of Azizi developments. [7] [8] He is the chairman of Azizi Bank, the largest commercial bank in Afghanistan, [9] [10] which he established in 2006 with $7.5 million in equity capital and has since reached up to $80 million. [11] [12] [13] He is the CEO of Azizi Group of companies which was founded in 1989 with a presence in realty, banking, investment, and hospitality. [14]
As of 2018 [update], he was arguably the richest person and family of Afghani origin. He featured in the list of " Arabian Business as one of the 100 Inspiring leaders in the Middle East" in March 2018. [15] [16] He is regarded as one of the richest people of Afghanistan with a monopoly in petroleum products. [17] [18] Azizi Developments is a Dubai-based property developer. [19] [20] [21] [22]
After moving from Afghanistan to Dubai as a young boy along with his father Mirwais Azizi, they founded the Azizi Group in 1989. [23] [5] [24]
A graduate of the University of Tulsa, Azizi obtained an MBA in finance management from Boston-Suffolk University. After completing his studies, Farhad spent time in Europe before moving back to the UAE. [25] [26] [27]
In 2007, Azizi Developments was established. In 2006, Azizi Bank was found, now the largest commercial financial institution in Afghanistan. [9] They also acquired Bakhtar Bank (now Islamic Bank of Afghanistan) [28] which is regarded as one of the reputed banks in Afghanistan. [16]
Azizi Developments started selling off-plan properties in Dubai until the global financial crisis struck. The majority of buyers could not continue payments and Azizi instructed that their deposits be handed back. [29]
In 2013, Azizi Developments resumed the construction of projects. Presently, the company has more than 200 projects under various stages of development with a current portfolio Dubai valued over AED 45 billion. [30] His petroleum business Azizi Hotak Group, which was started with an initial investment of $80 million, operates in 10 countries. [31]
List of companies/organizations owned by Azizi;
Native name | عزیزی بانک |
---|---|
Company type | Private |
Founded | June 2006 |
Headquarters | Wazir Akbar Khan, , |
Key people | Mirwais Azizi |
Number of employees | 1,326 [1] |
Website |
www |
Azizi Bank is one of the largest commercial banks in Afghanistan. It has 56 branches including extension counters and around 88 automated teller machines across Afghanistan. [1] The bank opened on June 13, 2006, and is headquartered in the Wazir Akbar Khan neighborhood of Kabul, Afghanistan. [2] Mirwais Azizi is the founder and chairman of the bank.
Azizi Bank currently has around 1,326 employees, 12% of whom are females. [1] [3] During the 2021 Taliban offensive, some members of the Taliban escorted female employees of Azizi Bank in Kandahar and ordered them not to return to work. [4]
Farhad Azizi | |
---|---|
Born | 1982 (age 41–42) |
Education | University of Tulsa, Suffolk University in Boston |
Occupation(s) | businessman, investor and entrepreneur |
Known for | Chairman and owner of Azizi Bank |
Parent |
|
Farhad Azizi is a UAE based businessman, [5] [6] billionaire, investor, entrepreneur and the CEO of Azizi developments. [7] [8] He is the chairman of Azizi Bank, the largest commercial bank in Afghanistan, [9] [10] which he established in 2006 with $7.5 million in equity capital and has since reached up to $80 million. [11] [12] [13] He is the CEO of Azizi Group of companies which was founded in 1989 with a presence in realty, banking, investment, and hospitality. [14]
As of 2018 [update], he was arguably the richest person and family of Afghani origin. He featured in the list of " Arabian Business as one of the 100 Inspiring leaders in the Middle East" in March 2018. [15] [16] He is regarded as one of the richest people of Afghanistan with a monopoly in petroleum products. [17] [18] Azizi Developments is a Dubai-based property developer. [19] [20] [21] [22]
After moving from Afghanistan to Dubai as a young boy along with his father Mirwais Azizi, they founded the Azizi Group in 1989. [23] [5] [24]
A graduate of the University of Tulsa, Azizi obtained an MBA in finance management from Boston-Suffolk University. After completing his studies, Farhad spent time in Europe before moving back to the UAE. [25] [26] [27]
In 2007, Azizi Developments was established. In 2006, Azizi Bank was found, now the largest commercial financial institution in Afghanistan. [9] They also acquired Bakhtar Bank (now Islamic Bank of Afghanistan) [28] which is regarded as one of the reputed banks in Afghanistan. [16]
Azizi Developments started selling off-plan properties in Dubai until the global financial crisis struck. The majority of buyers could not continue payments and Azizi instructed that their deposits be handed back. [29]
In 2013, Azizi Developments resumed the construction of projects. Presently, the company has more than 200 projects under various stages of development with a current portfolio Dubai valued over AED 45 billion. [30] His petroleum business Azizi Hotak Group, which was started with an initial investment of $80 million, operates in 10 countries. [31]
List of companies/organizations owned by Azizi;