DUSHANBE, October 15, 2010, Asia-Plus — Volumes of funds remitted by labor migrants to Amonatbonk (Tajikistan’s savings bank) have considerably increased.
Labor migrants have remitted 232 million U.S. dollars to Amonatbonk over the first nine months of this year, which is 45.4 percent more than in the same period last yea, the Amonatbonk chairperson, Ms. Gulnora Hasanova, announced at a news conference in Dushanbe on October 14.
Meanwhile, 37.45 million U.S. dollars have been remitted from Tajikistan through Amonatbonk abroad over the same nine-month period.
According to Hasanova, Amonatbonk’s aggregate capital rose 11.2 percent in the year to October 1, 2010, reaching 121.8 million somoni. The bank’s assets rose 23.7 percent in the year to October 1, 2010, reaching 773.4 million somoni.
Amonatbonk is the only state-owned bank. It is one of the oldest in Tajikistan (established in 1925) and one of the largest based upon various criteria – including the number of branches and the number of served clients. The institution is unique in its orientation towards implementing social, pension and other state programs. Amonatbonk has 5 regional centers, 69 branches and nearly 500 agencies. This gives the institution a presence in the most remote mountainous parts of the country.
