Experts point out sustainable increase in capitals of Tajik banks

DUSHANBE, December 25, Asia-Plus — This year, an average increase in minimum (regulative) capitals of commercial bank operating in Tajikistan has been estimated at 9.3 percent, according to the National Bank (NBT). A source at Tajik central bank said that as of December 1, a total volume of regulative capitals of Tajik commercial banks functioning […]

Zarrina Ergasheva

DUSHANBE, December 25, Asia-Plus — This year, an average increase in minimum (regulative) capitals of commercial bank operating in Tajikistan has been estimated at 9.3 percent, according to the National Bank (NBT).

A source at Tajik central bank said that as of December 1, a total volume of regulative capitals of Tajik commercial banks functioning in Tajikistan had been 314.3482 million somonis, which is 26 million somonis more than last year.   

Local experts says that a sustainable increase in capital of the country’s commercial has been to be observed this year.  “The majority of commercial banks in the country successfully comply with the central bank’s minimum capital requirements, which have been revised upwards to US$5 million,“ the Asia-Plus interlocutor said, reminding that several commercial banks have been liquidated this year for failure to comply with these requirements.  

According to him, among three top banks in terms of regulative capital are: OryonBonk with regulative capital of 71.1 million somonis (equivalent to more than US$); AgroInvestBonk – 51 million somonis (US$14.9 million) and TojikSodirotBonk – 45.5 million somonis (US$13.3 million).  

            The source added that next year, the minimum capital requirements will remain the same.     

At present nine banks operate in Tajikistan: AgroInvestBonk, OryonBonk, SohibkorBonk, Bank Eskhata, AmonatBonk (Tajik savings bank), TojikSodirotBonk, Tajikistan Development Bank (TDB), TajPromBank and First Microfinance Bank.  Additionally, a branch of Iran’s Tejarat Bank and an office of Kazakhstan’s TuranAlemBank also function in the country.

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