Remainder of loans provided by Tajik banks amounts to 4.7 bln somoni

DUSHANBE, December 29, 2011, Asia-Plus  — According to the National Bank of Tajikistan (NBT), the remainder of loans provided by Tajik banks rose 23.5 percent in a year to December 1 2011, reaching 4.7 billion somoni. In the structure of the remainder, a share of loans provided in the national currency, the somoni, was 44.7 […]

Avaz Yuldoshev

DUSHANBE, December 29, 2011, Asia-Plus  — According to the National Bank of Tajikistan (NBT), the remainder of loans provided by Tajik banks rose 23.5 percent in a year to December 1 2011, reaching 4.7 billion somoni.

In the structure of the remainder, a share of loans provided in the national currency, the somoni, was 44.7 percent (more than 2.1 billion somoni), while the share of loans provided in foreign currencies was 55.3 percent (2.6 billion somoni), the Tajik central bank press center reports.   

The weighted average interest rate for loans provided in the national currency was 22.73 percent and the weighted average interest rate for loans provided in foreign currencies was 21.84 percent.

Central bank notes that over the first eleven months of this year local banks have provided 470.7 million somoni in microloans to clients in remote mountain areas, which is 27.4 percent more than in the same period last year.

In all, volumes of microloans reportedly rose 34.5 in a year to December 1, 2011.    

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