KHOROG, February 18, 2009, Asia-Plus — In January 2009, branches of banks in Gorno Badakhshan provided loans for total amount of 1.892 million somoni, which was 734,000 somoni fewer than in the same period of 2008, according to the branch of National Bank of Tajikistan (NBT) in Khorog.
Over the report period, branches of the First MicroFinanceBank of Tajikistan (FMFB-T), Amonatbonk (Tajikistan’s savings bank) and Agroinvestbonk in the region provided 595,000 somoni, 407,000 somoni and 349,000 somoni in loans respectively.
The source at central bank’s branch in Khorog noted that the main reason for decrease in volumes of loan allocations in the region was the customs’ failure to pay back loans.
According to the GBAO regional administration, branches of banks in Gorno Badakhshan provided 78,500,491 somoni in loans during last year, which was more than 17 million somoni more than in 2007. The loans were provided mainly for development of small and medium-sized enterprises and enhancement of agrarian sector in the region, the source said.
