Governor of Afghanistan's central bank Abdul Qaidr Fitrat on Wednesday rejected U.S. media reports that Afghanistan's biggest private bank, the Kabul Bank, was in danger of collapse.

"Reports by certain media about Kabul Bank is baseless. The Kabul Bank is safe and sound," Fitrat said at a press conference here.

The Washington Post, a U.S. influential newspaper, has reported that Afghanistan's central bank had ordered Shir Khan Farnud, the chairman of Kabul Bank, and Khalilullah Feruzi, the chief executive of the bank, to resign.

According to the Washington Post, the alleged corruption also penetrated the Kabul bank as its chairman and high ranking functionaries have bought properties worth millions of U.S. dollars in Dubai.

"We have no control over Kabul Bank," Fitrat emphasized.

"I want to confirm that Kabul Bank has no problems and its daily operations is going on normally," Fitrat further said.

"I want to give assurance to people that they should not worry about their assets," he said, adding the government and central bank is supporting and standing behind the Kabul Bank and never will allow it to be affected or collapsed.

Both Farnud and Feruzi present at the conference told newsmen that they had resigned on their own to fulfill the new regulation put on place by the country's central bank.

The vast majority of several hundred thousand of government employees including personnel of army and police receive their salaries from Kabul bank and it is said that any mismanagement would cause huge problems.