Weighted average interest rate on loans falls 1.3% in Tajikistan

DUSHANBE, September 28, 2011, Asia-Plus  — According to the National Bank of Tajikistan (NBT), the remainder of loans provided by Tajik banks rose 33.8 percent in a year to September 1, 2011, reaching 4.5 billion somoni (equivalent to more than 950 million U.S. dollars). Tajik central bank notes that the weighted average interest rate on […]

Payrav Chroshanbiyev

DUSHANBE, September 28, 2011, Asia-Plus  — According to the National Bank of Tajikistan (NBT), the remainder of loans provided by Tajik banks rose 33.8 percent in a year to September 1, 2011, reaching 4.5 billion somoni (equivalent to more than 950 million U.S. dollars).

Tajik central bank notes that the weighted average interest rate on loans have fallen 1.3 percent over the report period.

Current weighted average interest rate on loans provided in the national currency is 23.1 percent and current weighted average interest rate n loans provided in foreign currency is 22.1 percent.

Over the first eight months of this year, Tajik bank shave provided 1.4 billion somoni in micro loans, which 37.6 percent more than in the same period last year.  Micro loans provided to residents of remote mountain areas over the report period have amounted to 358.5 million somoni, the source said.   

Article translations:

Related Articles

Оби зулол

Most Read

Join us on social media!

Aura

Recent Articles

Protection of depositors’ interests is our concern, – Deposit and Savings Insurance Fund of Tajikistan

The main task of the Fund is to protect the interests of depositors and strengthen public confidence in the country's banking system.

Ambassador of China: China remains the main investor in Tajikistan

Interview with the Ambassador of China to Tajikistan, Mr. Guo Zhijun.

A23a is done: the legendary giant iceberg has almost disappeared, losing 99% of its area

The giant is "ending the story," rapidly disintegrating in open waters.

Budget Travel and Service Issues: How to Make Traveling in Tajikistan Affordable for Tajik Citizens?

The State Committee for Tourism explained why domestic tourism in Tajikistan is more than just an alternative to trips abroad.

Tajikistan’s potato imports from Kazakhstan increase 257 times

The surge is linked to the lifting of the temporary export ban to Kazakhstan.

Tajikistan and Uzbekistan resume discussions on oil and gas product supplies

The parties are considering the prospects of expanding energy cooperation that was interrupted in 2012.