Agroinvestbonk’s capital reaches 217 mln somoni

DUSHANBE, April 24, 2009, Asia-Plus  — As of April 10, 2009, capital of open joint-stock company (OJSC) Agroinvestbonk has amounted to 217 million somoni (equivalent to 56.3 million US dollars), press service of Agroinvestbonk’s head office in Dushanbe reported. Increase of the bank’s capital has allowed attracting deposit funds and carrying out active operations for […]

Payrav Chorshanbiyev

DUSHANBE, April 24, 2009, Asia-Plus  — As of April 10, 2009, capital of open joint-stock company (OJSC) Agroinvestbonk has amounted to 217 million somoni (equivalent to 56.3 million US dollars), press service of Agroinvestbonk’s head office in Dushanbe reported.

Increase of the bank’s capital has allowed attracting deposit funds and carrying out active operations for an amount equivalent to 1.3 billion somoni, according to the press service.

Over the first three months of this year, Agroinvestbonk has provided loans for more than 120 million somoni (equivalent to US$31.1 million), which is 58.8 percent fewer than in the same period of 2008.  52.1 million somoni have been provided in microloans, which is 34.2 percent fewer than in January-March 2008.

Compared to January-March 2008 remittances in euros and Russian rubles to the bank have increased over the first quarter of this year by 13.4 and 12 percent respectively, while remittances over the report period 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.

Article translations:

Related Articles

Most Read

Join us on social media!

Recent Articles

Talks in Islamabad at Risk: Parties Escalate Rhetoric and Continue Exchanging Blows

A two-week ceasefire agreement proved fragile after Iran once again closed the Strait of Hormuz in response to Israeli attacks in Lebanon.

Study: US Caused $10 Trillion in Climate Damage

Scientists claim that the United States, as the largest carbon emitter in history, bears a "tremendous responsibility" for causing "significant" harm on a global scale.

Tajikistan’s Defense Minister Held a Phone Conversation with Iran’s Acting Defense Minister

Sobirzoda emphasized the importance of "establishing true peace and stability" in the IRI.

“ICB Arena” in Dushanbe: investing in the future of Tajik football

On March 18, 2026, the Investment and Credit Bank...

Trump Put the War on Hold: A Respite Before a New Escalation?

Will the United States and Israel have enough resources to exhaust Iran in a war of attrition?

Meeting of CIS Border Agencies: Security Threats to the Southern Borders of the Commonwealth Discussed in Guliston

According to general opinion, the current unstable situation in Afghanistan will have a negative impact on border security in the region in the medium term.