DUSHANBE, June 24, 2008, Asia-Plus — Closed joint-stock company (CJSC) Tajikistan Development Bank (TDB) has set up limited liability company, TDB-Leasing, Asia-Plus has learned at TDB’s head office in Dushanbe.
The source at TDB said that the company, registered with the Ministry of Justice (MoJ) this month, will be engaged in carrying out lease transactions. “TDB-Leasing focuses on small and medium enterprises (SMEs), leasing road-building machines, warehouse equipment, loaders, oil-and-gas, geological exploration, computer, and telecommunications equipment and premises to them,” the source said.
According to him, the lease transactions are carried out on the basis of advance payment of 10%-30% of cost of the equipment for the period from one to three years.
Headquartered in Dushanbe, Tajikistan Development Bank has worked since November 7, 2006. According to the National Bank of Tajikistan, as of may 1, 2008, TDB’s declared authorized capital stock has amounted to 59.9 million somonis.
