Agroinvestbonk’s regulative capital exceeds $32.5 million

DUSHANBE, September 23, 2008, Asia-Plus  — As of September 1, 2008, regulative capital of Agroinvestbonk, which is one of Tajikistan’s largest commercial banks, has amounted to 111,454,034 somoni (equivalent to more than US$32.5 million), which is 71.9 percent more than in the same period of last year, according to Agroinvestbonk’s head office in Dushanbe.  As […]

Firdavs Murtazoyev

DUSHANBE, September 23, 2008, Asia-Plus  — As of September 1, 2008, regulative capital of Agroinvestbonk, which is one of Tajikistan’s largest commercial banks, has amounted to 111,454,034 somoni (equivalent to more than US$32.5 million), which is 71.9 percent more than in the same period of last year, according to Agroinvestbonk’s head office in Dushanbe.  As of September 1, 2007, Agroinvestbonk’s capital amounted to more than 75.35 million somoni.

 Over the first eight months of this year, the net profit of the bank has amounted to 12,747,128 somoni (US$3.7 million).  

Physical entities have remitted 453,917,783 US dollars, 3,483,214,428 Russian rubles (RR) 1,805,162 euros to the bank over the report period.   

Over the same eight-month period, Agroinvestbonk have provided 701,157,598 somoni in loans to legal and physical entities, which is 206,849,446 somoni more than in the same period of 2007.

Of those 701,157,598 somoni, 274,071,633 somoni have been provided in microloans; microloans accounted for 39.1 percent of the total amount of loans allocated in January-August 2008.  

Population’s deposits at the bank rose 30.2 percent in the year to September 1, 2008, reaching 592,488,540 somoni.  

Inter-bank borrowings rose 49.3 percent in the year to September 1, 2008, reaching 178,359,695 somoni.

Founded in 1992, Agroinvestbonk, with headquarters in Dushanbe, has main branches in Khorog, Khujand, Kulob and Qurghon Teppa and 57 other branches across the republic. 

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