DUSHANBE, April 2, Asia-Plus — Tajik commercial industrial bank of reconstruction and development, Tajprombank has provided some 2.657 million somonis (equivalent to some $774,600) in loans to 160 cotton-growing farms in the Khatlon province, according to bank’s head office in Dushanbe.
The source at Tajprombank said that the totaled included 253,000 somonis ($103,800) of the bank’s capital and the remainder had been allocated by the Ministry of Finance (MoH) for providing loan to cotton farms through Tajprombank.
Loans have been provided to cotton-growing farms in the districts of Bokhtar, Vakhsh, Khuroson, Jilikul, Kulob, Vose and Yovon at 14 percent annual interest, the source said.
Tajprombank, which has 11 branches and outlets around the country
