DUSHANBE
, May 4, Asia-Plus – The banking sector in
Tajikistan
is developing successfully, Murodali Alimardonov, the head of the National Bank of Tajikistan (NBT), remarked at a news conference in
Dushanbe
on May 3.
According to him, at present 11 banks, seven crediting societies, six non-bank financial organizations and 30 microfinance organizations are operating in
Tajikistan
. He noted that the NBT had revoked licenses of the closed joint-stock company “STB-Investbonk” and the bank “Olimp” for banking transactions. According to him, such a decision was made because those banks had failed to meet requirements of the country’s banking legislation. “SBT-Investbonk” and “Olimp” last year finished their activities at a loss, failing to form their minimal authorized capitals,” Alimardonov said.
The central bank head noted that deposits in banks had increased by 26 percent since the beginning of this year and amounted to 678.9 million Somonis.
“Funds of the juridical entities constitute 75 percent of these deposits and funds of the physical entities – 25 percent,” Alimardonov said, noting that deposits in foreign currencies increased by 0.4 percent, making 18 percent of a total number of deposits in the country’s banks.
At the same time he noted that a market of securities was not well developed in the country.
Alimardonov telling news conference also noted that the NBT was not going to increase the gold and currency reserves. The NBT chairman Murodali Alimardonov telling the news conference said, “To date, a volume of gold and currency reserves of
Tajikistan
country has amounted to 190 million U.S. dollars,” the NBT head said, noting that this is enough for stable activity of economy as well as for organization of import, currency market and serving country’s external debt.
