DUSHANBE, April 17, 2009, Asia-Plus — As of April 10, 2009, capital of open joint-stock company (OJSC) Agroinvestbonk has amounted to 217 million somoni (equivalent to 56.5 million US dollars), according to press service of Agroinvestbonk’s head office in Dushanbe.
Increase in the capital allows the bank to attract deposit funds and carry out active transactions in an amount equal to 1.3 billion somoni, the press service said.
However, Agroinvestbonk has provided only little more than 120 million somoni (equivalent to 31.1 million US dollars) in loans over the first three months of this year, which is 48.8 percent fewer than in the same period of last year.
Over the report period, the bank has provided loans for a total amount of 52.1 million somoni, which is 34.2 percent fewer than in the same period of 2008.
In the meantime, remittances in euros and Russian rubles to the bank have increased over the same three-month period by 13.4 percent and 12 percent respectively, while remittances in the US dollars have decreased by 39.2 percent.
As of March 31, 2009, the bank’s assets have amounted to 845.2 million somoni, which is 6.5 percent more than of the same date of last year, and Agroinvestbonk’s liabilities amounted, as of March 31, 2009, to 684.7 million somoni (0.8 percent more).
Founded in 1992, Agroinvestbonk, with headquarters in Dushanbe, has main branches in Khorog, Khujand, Kulob and Qurghon Teppa and 61 other branches across the republic.
