Agroinvestbonk’s capital reaches 217 mln somoni

DUSHANBE, April 24, 2009, Asia-Plus  — As of April 10, 2009, capital of open joint-stock company (OJSC) Agroinvestbonk has amounted to 217 million somoni (equivalent to 56.3 million US dollars), press service of Agroinvestbonk’s head office in Dushanbe reported. Increase of the bank’s capital has allowed attracting deposit funds and carrying out active operations for […]

Payrav Chorshanbiyev

DUSHANBE, April 24, 2009, Asia-Plus  — As of April 10, 2009, capital of open joint-stock company (OJSC) Agroinvestbonk has amounted to 217 million somoni (equivalent to 56.3 million US dollars), press service of Agroinvestbonk’s head office in Dushanbe reported.

Increase of the bank’s capital has allowed attracting deposit funds and carrying out active operations for an amount equivalent to 1.3 billion somoni, according to the press service.

Over the first three months of this year, Agroinvestbonk has provided loans for more than 120 million somoni (equivalent to US$31.1 million), which is 58.8 percent fewer than in the same period of 2008.  52.1 million somoni have been provided in microloans, which is 34.2 percent fewer than in January-March 2008.

Compared to January-March 2008 remittances in euros and Russian rubles to the bank have increased over the first quarter of this year by 13.4 and 12 percent respectively, while remittances over the report period have decreased by 39.2 percent.

As of March 31, 2009, the bank’s assets have amounted to 845.2 million somoni, which is 6.5 percent more than of the same date of last year, and Agroinvestbonk’s liabilities amounted, as of March 31, 2009, to 684.7 million somoni (0.8 percent more).

Founded in 1992, Agroinvestbonk, with headquarters in Dushanbe, has main branches in Khorog, Khujand, Kulob and Qurghon Teppa and 61 other branches across the republic.

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