Labor migrants’ remittances to Amonatbonk decrease by 39 percent

DUSHANBE, July 9, 2009, Asia-Plus  — Over the first six months of this year, Amonatbonk (Tajikistan’s savings bank) has provided 87.7 million somoni (equivalent to19.9 million U.S. dollars) in loans to some 5,000 customers, Mahmadamin Mahmadaminov, the chairman of Amonatbonk’s board, announced at a press conference in Dushanbe on July 8. As of July 1, […]

Payrav Chorshanbiyev

DUSHANBE, July 9, 2009, Asia-Plus  — Over the first six months of this year, Amonatbonk (Tajikistan’s savings bank) has provided 87.7 million somoni (equivalent to19.9 million U.S. dollars) in loans to some 5,000 customers, Mahmadamin Mahmadaminov, the chairman of Amonatbonk’s board, announced at a press conference in Dushanbe on July 8.

As of July 1, 2009, a loan portfolio balance amounted to 233 million somoni, which is 16 percent more than of the same date of last year, according to him.

“Amonatbonk’s net profit over the report period has amounted to 2.7 million somoni,” said Mahmadaminov, “The bank’s aggregate capital tripled in the year to June 30, 2009, reaching 109 million somoni and its assets rose 36.7 percent in the year to June 30, 2009, reaching 493 million somoni.”

The Amonatbonk head noted that deposits of legal and physical entities in the bank rose 27 percent in the year to June 30, 2009, reaching 316 million somoni.

Mahmadaminov noted that labor migrants had remitted 85.5 million U.S. dollars to Amonatbonk’s branches throughout the country over the first six months of this year, which was 39 percent fewer than in the same period of 2008.  

Join us on social media!

Article translations:

Related Article

Оби зулол
Tenisi
Оби зулол

Most Read

Коммерсбонк Точикистон

Recent Articles

Major global investment companies show interest in Tajikistan’s economy

Among them are J.P. Morgan, Loomis Sayles & Company, Morgan Stanley Investment Management, and Global Evolution.

President Rahmon awarded UN University for Peace Certificate of Recognition

He is awarded for "significant contribution to establishing peace, developing regional cooperation, and strengthening mutual understanding between peoples."

Starlink satellite internet becomes available in Kyrgyzstan

And in Tajikistan, it was launched in February of this year.

In Dushanbe, 30 more new electric buses start operating

Each is designed to carry 100 passengers and can travel up to 300 kilometers without recharging.

Who is the man who “increased the Aryan race” and told the President of Tajikistan about it?

Kozie Koziyev, a folk craftsman, built dozens of houses, participated in the construction of a mosque and a kindergarten in Matcha, raised 11 children, and created a true dynasty of builders.

Tajik leader discusses water, climate, and global security issues with UN Deputy Secretaries-General

The parties paid special attention to the "Dushanbe Water Process," parliamentary diplomacy, and the peaceful resolution of conflicts.

Tajikistan completes the spring military draft target ahead of schedule

There is still a week left until the end of the conscription campaign.

Custodian of non-written languages and builder of academic bridges; philologist Khusrav Shambezoda turns 70

He could have devoted himself exclusively to the study of classical heritage, but he chose the challenging path of preserving the living word — and Tajik-Russian science gained in him a brilliant sociolinguist whose name became synonymous with dedication.

Tajikistan ranks among the top three leading trade reformers in Europe and Central Asia

The country has shown progress in the digitalization of trade procedures, the reduction of paper barriers, and the enhancement of transparency for exporters.

China to send workers to Tajikistan for modernization of the Kulma BCP

This is the only land border crossing point between Tajikistan and China.