The Closed Joint-Stock Company (CJSC) Halyk Bank Tajikistan has rebranded itself as CJSC Aktivbank.
Ismoil Jurayev, the Chairman of the CJSC Aktivbank Board, says the bank will continue offering the spectrum of services, including private and corporate services.
Recall, Joint-Stock Company (JSC) Halyk Bank on November 18, 2022 announced the conclusion of an agreement with CJSC The International Bank of Tajikistan (IBT) on selling 100 percent of stock of its subsidiary in Tajikistan, CJSC Halyk Bank Tajikistan.
CJSC IBT has reportedly received all necessary regulatory approvals and the transaction reportedly closed in December 2022.
During the transaction and after the completion of all necessary procedures, the Bank had to continue working and serving customers as usual, offering all banking services in accordance with the terms of previously concluded agreements.
CJSC Kazkommertsbank Tajikistan was renamed CJSC Halyk Bank Tajikistan after JSC Halyk Bank, a commercial savings bank in Kazakhstan, merged with JSC Kazkommertsbank.
CJSC Halyk Bank Tajikistan was granted a license to carry out transactions in national and foreign currencies on July 1, 2019.
The Closed Joint-Stock Company “The International Bank of Tajikistan” that was established in April 2014 as the microfinance organization “Standart Moliya” (Standard Finance) was upgraded into a commercial bank on February 29, 2016.
The bank’s stakeholders reportedly include a private company and a group of nationals of Tajikistan.
The IBT, with headquarters in Dushanbe, currently has ten branches and twelve banking service centers in several districts and cities across the country.
As of September 1, 2022, IBT’s assets have amounted to 1.209.2 billion somonis.
