Loan and deposit balances decreasing in Tajikistan

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Over the first three quarters of this year, loan and deposit balances in Tajikistan have decreased by nearly 13 percent compared to the same period last year, according to the National Bank of Tajikistan (NBT).

By September 30, loan balances have amounted to 9.2 billion somoni, according to the monetary policy forecasts for 2018.  

The loan balances in the national currency, the somoni, have reportedly decreased by 8.3 percent, while the loan balances in the foreign currencies have decreased by 15 percent.

Meanwhile, deposit balances over the same nine-month period have fallen 9.4 percent to 8.8 billion somoni.  

According to data from the National Bank of Tajikistan (NBT), 17 banks, 7 microlending agencies, 33 microdeposit organizations and 34 microcredit funds now operate in Tajikistan.  

 

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