New Kabul Bank will be auctioned on Saturday after months of securing interested buyers, Ministry of Finance (MOF) told TOLOnews on Wednesday.
Eight domestic and foreign companies will bid in the auction, MOF spokesman Wahid Tawhidi said.
He declined to name the companies but said there were five domestic companies among the eight.
"We will start the bidding on Saturday after lunch and we will announce New Kabul Bank's buyer and their price in front of civil society representatives and media," Tawhidi said.
The original date for the auction was set for 13 January, but this was extended on the request of some of the interested foreign companies to 16 February, he added.