DUSHANBE, November 3, 2012, Asia-Plus — The National Bank of Tajikistan reports that Tajikistan saw bank deposits grow by 15.3 percent in the first nine months of this year, reflecting the expanding economy and rising public confidence in the banking sector.
According to data from Tajik central bank, deposits for a total amount of some 4.7 billion somoni are now kept at banks in Tajikistan.
Corporate deposits reportedly reached 1.9 billion somoni (some 40 percent) and individual deposits little more than 2.8 billion somoni (59.8 percent).
Over the report period, weighted average interest rate for the local currency deposits has been 15.84 percent and weighted average interest rate for the foreign currency deposits has been 13.18 percent.
Current Tajikistan’s banking system includes 18 financial institutions: Agroinvestbonk; Orienbonk; Amonatbonk (Tajikistan’s savings bank); Tojik Sodirot Bonk (TSB); Bank Eskhata; Sohibkorbonk; The First MicroFinanceBank; Branch of Iran’s Tejarat Bank; Tajikistan Development Bank (TDB); Fononbonk; Kazkommertzbank-Tajikistan; Kafolatbonk; AccessBank Tajikistan; Kont; Branch of national bank of Pakistan; Renessans-Capital; Trade Financing.
