DUSHANBE, November 5, 2012, Asia-Plus — According to the National Bank of Tajikistan (NBT), the remainder of loans provided by Tajik banks rose nearly 10 percent in a year to October 1, 2012, reaching 5.1 billion somoni (equivalent to more than one billion U.S. dollars).
In the structure of the remainder, a share of long-term loans was 31.6 percent, or 1.6 billion somoni, while the share of short-term loans was 68.4 percent, or 3.5 billion somoni, the Tajik central bank source noted.
The weighted average interest rate for loans provided in the national currency was 20.3 percent and the weighted average interest rate for loans provided in foreign currencies was 22.49 percent.
Compared to January-September 2011, the volume of microloans provided by commercial banks over the first nine months of this year has increased by 26.8 percent.
Over the report period, local banks have provided 486.3 million somoni in microloans to residents of remote mountain areas, which is 18.6 percent more than in the same period last year, the source added.
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.
