Orienbonk’s loan portfolio amounts to $165 million

DUSHANBE, February 12, Asia-Plus  — As of February 1, 2008, a loan portfolio of open joint-stock company (OJSC) Orienbonk has amounted to 525.388 million somonis (equivalent to some $165 million), according to Orienbonk’s press service.   91.83 percent of loan investments in national currency (somoni or TJS) have been provided to private, 1.23 percent to farming […]

Payrav Chorshanbiyev

DUSHANBE, February 12, Asia-Plus  — As of February 1, 2008, a loan portfolio of open joint-stock company (OJSC) Orienbonk has amounted to 525.388 million somonis (equivalent to some $165 million), according to Orienbonk’s press service.  

91.83 percent of loan investments in national currency (somoni or TJS) have been provided to private, 1.23 percent to farming units, 3.24 percent to state-owned enterprises and 3.7 percent to physical entities. 

While in foreign currency cross section the proportions of recipients are: private commercial companies – 58.9 percent; farming units – 0.06 percent; state-owned enterprises – 40.7 percent; and physical entities – 0.34 percent.

We will recall that as of January 1, 2008, Orienbonk’s loan investments have amounted to little more than 520 million somonis (equivalent to some $151 million).  

Orienbonk, Tajikistan’s largest commercial bank, reported that its net profit more than doubled in 2007 year on year, reaching more than 20.9 million somonis (equivalent to $6.0338 million).  A total capital of Orienbonk also doubled last year, reaching more than 156.9 million somonis ($45 million).  As of January 1, 2008, an authorized capital stock of Orienbonk has stood at 113.232 million somonis.  

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