Agroinvestbonk provides some 179 mln somoni in loans in Jan-Apr 09

DUSHANBE, May 20, 2009, Asia-Plus  — Over the first four months of this year, open joint-stock company (OJSC) Agroinvestbonk has provided some 179 million somoni (equivalent to more than 42.7 million U.S. dollars) in loans, which 55.3 percent fewer than in the same period of last year, according to Agroinvestbonk’s press service. Microloans accounted for […]

Payrav Chorshanbiyev

DUSHANBE, May 20, 2009, Asia-Plus  — Over the first four months of this year, open joint-stock company (OJSC) Agroinvestbonk has provided some 179 million somoni (equivalent to more than 42.7 million U.S. dollars) in loans, which 55.3 percent fewer than in the same period of last year, according to Agroinvestbonk’s press service.

Microloans accounted for 46.3 percent of the overall volume of loans provided in January-April this year.  Over the report period, the bank has provided mciroloans for 82.8 million somoni, which is 41.2 percent fewer than in January-April 2008.

Remittance in dollars to the bank over the report period have decreased by 40.7 percent compared to the same period of last year.  In the meantime, remittances in Russian rubles and euros have increased over the same four-month period by 96.7 percent and 7.3 percent respectively.

As of April 30, 2009, Agroinvestbonk’s assets have amounted to 847.7 million somoni, which is 8 percent more than of the same date of 2008.  The bank’s liabilities amounted, as of April 30, 2009, to 639.8 million and its capital amounted to 207.9 million somoni. 

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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