Agroinvestbonk provides more than 443.7 mln somoni in loans in H1 2010

DUSHANBE, July 20, 2010, Asia-Plus – Over the first six months of this year, open joint-stock company (OJSC) Agroinvestbonk, which is one of the largest commercial banks in Tajikistan, has provided more than 443.7 million somoni in loans, which is 37 percent more than in the same period last year (in January-June 2009, the bank […]

Payrav Chorshanbiyev

DUSHANBE, July 20, 2010, Asia-Plus – Over the first six months of this year, open joint-stock company (OJSC) Agroinvestbonk, which is one of the largest commercial banks in Tajikistan, has provided more than 443.7 million somoni in loans, which is 37 percent more than in the same period last year (in January-June 2009, the bank provided some 324 million somoni in loans), according to Agroinvestbonk’s head office in Dushanbe.

Over the same six-month period, Agroinvestbonk has provided microloans for more than 171 million somoni, which is 19.8 percent more than in the same period last year.  Microloans accounted for 38.7 percent of the overall amount of loans provided by Agroinvestbonk in January-June this year.

Compared to January-June 2009, the dollar and Russian ruble (RR) remittances to the bank rose over the report period 3.4 and 52.3 percent respectively, while the euro remittances decreased by 1.0 percent.

Physical entities have remitted some US$184 million, more than €1 million, and more than RR4.5 billion to the bank in January-June 2010.

Attracted resources and loans rose 56 percent in the year to June 30, 2010, reaching more than 886.8 million somoni..

Agroinvestbonk’s assets rose 43.9 percent in the year to June 30, 2010, reaching more than 1.353 billion somoni and its liabilities rose 55.7 percent over the report, reaching more than 1.147 billion somoni.

As of June 30, 2010, the bank’s capital amounted to more than 205.8 million somoni (1.2 percent rise).  Agroinvestbonk’s regulative capital amounted, as of June 30, 2010, to some 144 million somoni (8 percent fall).

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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