DUSHANBE, September 19, Asia-Plus – One of Kazakhstan’s largest banks – ATFBank – intends to become shareholder of Tajikistan’s open joint-stock company “SohibkorBonk.”
Turakhon Haqnazarov, the head of the department for bank supervision and licensing within the National Bank of Tajikistan (NBT), said ATFBank announced its intention to purchase shares of the Khujand-based SohibkorBonk in the beginning o the year already and Tajik central bank has given its consent to that.
“On September 18, representatives from the two bank met in Khujand to discuss this issue of the purchase by ATFBank of a 20 percent stake in SohibkorBonk,” Haqnazarov said, adding that SohibkorBonk is the Tajik bank that will have foreign bank among its shareholders.
“This will promote further development,” Haqnazarov said. According to him, appropriate documents between the banks will have been signed already this year.
ABOUT:
Open joint-stock company “SohibkorBonk” was established in Khujand, the capital of the Sughd province, in 1999. It has 11 branches across the country.
Joint-stock company “ATFBank” was established in June 1995. By results of work in 2005, National League of Kazakhstan’s Consumers granted a quality mark “ Perfectly” and Certificate to ATFBank –Member of Kazakhstan Corporate Perfect Business Association for assistance to small and average business in Kazakhstan”. In November 2005, leading world financial edition «EUROMONEY» recognized ATFBank as leading financial institution of Kazakhstan in corporate management and best bank for small and average business.
