DUSHANBE, March 1, 2013, Asia-Plus — The National Bank of Tajikistan reports that Tajikistan saw bank deposits grow by 26.6 percent in a year to January 31, 2013, 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 4.7051 billion somoni are now kept at banks in Tajikistan.
Corporate deposits reportedly reached 1.7224 billion somoni (36.6 percent) and individual deposits 2.9827 billion somoni (63.4 percent).
Over the report period, weighted average interest rate for the local currency deposits has been 15.21 percent and weighted average interest rate for the foreign currency deposits has been 10.54 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.
