The total volume of problem loans in the banking sector of Tajikistan at the beginning of August this year was about 1.9 billion somoni (over $ 200 million).
«Overdue debts on loans of the banking system and microfinance organizations as of August 1, 2018 amounted to 1899 million somoni», – the Agency for Statistics under the President of the Republic of Tajikistan reports.
The volume of such loans for the last four months increased by 21 million somoni ($ 2.2 million).
About 32% of overdue loans were issued in national currency, and over 68% in foreign currency.
Problem loans in national currency amount to 602 million somoni, and in foreign currency – 1 billion 296 million somoni.
The total amount of credit investments of the banking system as of August 1 this year amounted to 8 billion 580 million somoni.
Thus, the share of overdue debts in the total volume of credit investments is 22%.
Credit investments, mainly, fall to private commercial enterprises (about 2.3 billion somoni), state-owned enterprises (almost 2 billion somoni).
Note that a number of Tajik commercial banks for the third year can not return many of their clients money. Banks explain the current situation, first of all, by the fact that they can not get loans back to other customers.
Such problems exist in "Agroinvestbank" and "Tojiksodirotbank", as well as in "Tajprombank" and "Fononbank".
The leadership of the National Bank of Tajikistan linked the emergence of these banks of problem loans in large amounts with the mixing of personal business with the provision of money to their acquaintances and relatives.
Some higher-level employees of the problem banks themselves admit that loans were issued without appropriate preliminary analysis to dubious people, as well as relatives and acquaintances on the security of property, which is incomparably lower in value.
Head of the Eurasian Development Bank Andrey Belyaninov, commenting to journalists at the beginning of this month the reasons for the clash of banks with such phenomena, said that the problem of Tajik banks is that they "work more by concepts, and not in fact".
«Money should not be given to someone who is someone's nephew, but a reliable legal entity», – he said the other day at a meeting of the First Congress of Eurasian Media in Kazakhstan.
