Agroinvestbonk provides 54.4 mln somoni in loans in Jan 2010

Payrav Chorshanbiyev

DUSHANBE, February 19, 2010, Asia-Plus  – In January this year, open joint-stock company (OJSC) Agroinvestbonk, which is one of the largest commercial banks in Tajikistan, provided 54.4 million somoni (equivalent to some 12.5 million U.S. dollars) in loans, which is 161.1 percent more than in the same period of last year (in January 2009, the bank provided more than 20.8 million somoni in loans), according to Agroinvestbonk’s head office in Dushanbe.

Over the report period, Agroinvestbonk provided microloans for more than 21.5 million somoni, which is 73.4 percent more than in January 2009.  Microloans accounted for 39.5 percent of the overall amount of loans provided by Agroinvestbonk lat month.

Compared to January 2009, the dollar remittances to the bank decreased last month by 6.3, while the Russian ruble (RR) and euro remittances rose 38.6 and 5.2 percent respectively.

Physical entities remitted more than US$23.9 million, more than €171,200 and some RR475.4 million to the bank in January 2010.

Attracted resources and loans rose 47.2 percent in the year to January 31, 2010, reaching some 854.5 million somoni.

Agroinvestbonk’s assets rose 59 percent in the year to January 31, 2010, reaching some 1.322 billion somoni and its liabilities rose 58.9 percent over this period, reaching more than 1.066 billion somoni.  As January 31, 2010, the bank’s capital amounted to more than 255.3 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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