Before the Eximbank of India, the dilemma: to whom to give money to – Spitamen Bank or Orienbank?

The Export-Import Bank of India was interested in establishing cooperation with Tajik commercial banks. In the field of view of the Indian bank are "Spitamen Bank" and "Orienbank". The head of the Eximbank of India, Ravindranath Menon, at a meeting with the leadership of the National Bank of Tajikistan in Dushanbe noted that currently the […]

Asia-Plus

The Export-Import Bank of India was interested in establishing cooperation with Tajik commercial banks. In the field of view of the Indian bank are "Spitamen Bank" and "Orienbank".

The head of the Eximbank of India, Ravindranath Menon, at a meeting with the leadership of the National Bank of Tajikistan in Dushanbe noted that currently the possibilities of establishing cooperation with CJSC Spitamen Bank and OJSC Orienbank,  the press service of the NBT reports.

He stressed that in the future Eximbank of India can finance one of the considered banks for lending to Tajik manufacturing enterprises and Indian companies operating in Tajikistan.

Eximbank of India was created with the assistance of the government of this country in 1982, primarily to support foreign trade operations, as well as Indian small and medium-sized businesses.

The “Spitamen Bank”, which was formed in 2013, predicts rapid growth. The shares of this bank are fully owned by the company “Spitamen Insurance”, which is associated with people close to the top leadership of the country. The bank is headed by the well-known bank manager in Tajikistan Niyozmurod Saidmurodov, who once headed the now problematic "Agroinvestbank".

The head of "Orienbank" is Hasan Asadullozoda, who is the brother-in-law of Tajik President Emomali Rahmon.

Join us on social media!

Article translations:

Related Article

Оби зулол
Оби зулол

Most Read

Акика Алиф

Recent Articles

In Tajikistan, the workforce has increased, but not everyone is employed

Statistics show a significant gap between men and women in the labor market.

Amin Qobilov and Marvori Nasriddinzoda become chess champions of Tajikistan

The national chess tournament, which brought together the strongest players, has concluded in Dushanbe.

How to tame snow avalanches: how many houses and roads in Tajikistan are at risk?

Large avalanches can occur on average once every 40 years, causing residents to eventually consider dangerous areas safe and build houses on them.

Emomali Nourali and Muhiddin Asadulloyev became No. 1: Tajik judokas in the world ranking

After the "Grand Slam" in Dushanbe, the IJF ranking was updated, recording a historic result.

Media: the US struck Iranian ports but denies resuming war

Iran's military opened fire on forces that attempted to attack a pier on Qeshm Island.

Uzbekistan implements digital residency registration system

It will be possible to process it online through Face-ID.