DUSHANBE, November 3, 2011, Asia-Plus — According to the National Bank of Tajikistan (NBT), the remainder of loans provided by Tajik banks rose 34.1 percent in a year to October 1, 2011, reaching 4.6 billion somoni (equivalent to some 970 million U.S. dollars).
Tajik central bank notes that the weighted average interest rate on loans have fallen 1.35 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 on loans provided in foreign currency is 22.0 percent.
Over the first nine months of this year, Tajik banks have provided 1.8 billion somoni in micro loans, which is 36.6 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 394.8 million somoni, which is 29.5 percent more than in January-September 2010, the source said.
The loans provided in the national currency accounted for 45.7 percent (2.1 billion somoni) of the remainder of loans and the loans provided in the foreign currency accounted for 54.3 percent (2.5 billion somoni).
The short-term loans accounted for 67.3 percent (3.1 billion somoni) of the remainder of loans and the long-term loans accounted for 32.7 percent (1.5 billion somoni), the source added.
