DUSHANBE, December 15, 2009, Asia-Plus – Open joint-stock company (OJSC), Tojik Sodirot Bonk (TSB), plans to gradually buy shares in Roghun for 5 million U.S. dollars at the expense of its own capital, Tojiddin Pirov, the head of the TSB Supervisory Board, said in an interview with Asia-Plus.
“Simultaneously, the bank plans to increase this volume of shares though attraction of investors,” Pirov said.
Besides, the TSB employees have expressed wish to buy shares in Roghun for 1 million U.S. dollars at the expense of their wages, he added. “Contribution of my family and me as head of the bank and entrepreneur will amount to US$100,000,” said Pirov, “Moreover, I am founder of a number of large commercial organizations that also plan to buy shares in Roghun. Thus, Hotel Tajikistan will buy shares for US$2 million and open-joint-stock company Avtorem will buy shares for US$100,000.”
TSB has also made donations to help Roghun’s construction. “50,000 somoni provided by the bank have been used for purchasing food products and warm clothes for the Roghun builders,” Pirov said.
TSB was established in December 1990 as the Tajik branch of the Vnesh Econom Bank of the former Soviet Union, and it initially specialized in trade and import-export banking. Later this branch was reorganized into a Joint-Stock Commercial Bank “Tajikvnesheconombank”. In June 1999 the bank was renamed and registered as Tojiksodirotbonk and last year, it was renamed as Tojik Sodirot Bonk or TSB.
Headquartered in Dushanbe, TSB has 11 branches in the main cities of Tajikistan and covering all regions of the country. Its clients include the biggest Tajik trading companies, other enterprises, entrepreneurs, and some of the embassies and diplomatic organizations based in Dushanbe.
