Agroinvestbonk’s net income amounts to over $6.5 million in Jan-Nov 07

DUSHANBE, December 26, Asia-Plus  — A net income of Agroinvestbonk, one of Tajikistan’s largest commercial banks. Rose 63.5 percent in the year to November 30, 2007, reaching 22,626,048 somonis (equivalent to more than $6.5 million), press release issued by the Agroinvestbonk headquarters in Dushanbe said. As of November 30, 2006, the bank’s net income had […]

Malika Rakhmanova

DUSHANBE, December 26, Asia-Plus  — A net income of Agroinvestbonk, one of Tajikistan’s largest commercial banks. Rose 63.5 percent in the year to November 30, 2007, reaching 22,626,048 somonis (equivalent to more than $6.5 million), press release issued by the Agroinvestbonk headquarters in Dushanbe said.

As of November 30, 2006, the bank’s net income had amounted 13,840,470 somonis (equivalent to more than $3.9 million).  

Over the report period, Agroinvestbonk’s capital has risen 69.9 percent, reaching, as of November 30, 2007, 94,277,461 somonis (equivalent to more than $27 million).  

As far as the bank’s assets, having formed from capital, attracted funds and bills payable, they rose 76.7 percent in the year to November 30, 2007, reaching 722,260,900 somonis (equivalent to $208.5 million).  

Founded in 1992, Agroinvestbonk, with headquarters in Dushanbe, has main branches in Khorog, Khujand, Kulob and Qurghon Teppa and 57 other branches across the republic. Agroinvestbonk’s declared capital includes 270,000 shares, valued at 27 million somonis. The face value of one share is 100 somonis.

Article translations:

Related Articles

Оби зулол

Most Read

Join us on social media!

Recent Articles

Which Teachers in Tajikistan Are Exempt from Military Service, and Which Are Not

A lawyer says there is a contradiction between the laws "On the Status of a Teacher" and "On Military Duty and Military Service" regarding the deferral of teachers' conscription.

Talks in Islamabad at Risk: Parties Escalate Rhetoric and Continue Exchanging Blows

A two-week ceasefire agreement proved fragile after Iran once again closed the Strait of Hormuz in response to Israeli attacks in Lebanon.

Study: US Caused $10 Trillion in Climate Damage

Scientists claim that the United States, as the largest carbon emitter in history, bears a "tremendous responsibility" for causing "significant" harm on a global scale.

Tajikistan’s Defense Minister Held a Phone Conversation with Iran’s Acting Defense Minister

Sobirzoda emphasized the importance of "establishing true peace and stability" in the IRI.