Renovated bank, first in Kabul, opens

Renovated bank, first in Kabul, opens
14.07.2005 KABUL, Afghanistan -- Afghanistan continues to march along the path to reconstruction as a ribbon-cutting ceremony was held July 7 for a newly renovated bank branch.

"This shines as yet another example of the many positive steps forward occurring in this great country," said U.S. Army Lt. Col. Christopher M.
Nolta, a Coalition engineer and a liaison officer with the Afghan government.

It is the first opening of a renovated bank in Kabul province. Two more are scheduled for renovation.

The bank is to be a government bank supporting the payrolls of government officials and employees such as the Afghan National Police and the Afghan National Army, Nolta said.

"There have been a lot of issues in getting government workers paid due to the financial infrastructure in this country," Nolta said. "This bank's opening will make getting officials paid a lot easier, and that will increase the stability and security of this country in a big way."

More than 12,000 government workers will be able to cash their paychecks at this one branch alone, said Nolta.

The building has undergone several renovations, including the installation of a bathroom, teller windows and a reinforced vault, which is believed to be the first of its kind in Afghanistan.

The project cost $55,000 from the U.S. military's Commander's Emergency Response Program, which provides funds for projects that can help Afghans quickly.

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