DUSHANBE, December 29, 2014, Asia-Plus — The National Bank of Tajikistan (NBT) reports that Tajikistan saw bank deposits grow by nearly 19.5 percent in a year to November 30 31, 2014, reaching 6.555 billion somoni, reflecting the expanding economy and rising public confidence in the banking sector.
According to data of Tajik central bank, individual deposits account for 64 percent (4.1948 billion somoni) of the overall volume of deposits kept at Tajik banks and corporate deposits account for 36 percent (2.3603 billion somoni).
Local currency deposits reportedly carry a weighted average interest rate of 15.15 percent at the moment versus 11.98 percent for foreign currency deposits.
141 lending organizations, including 17 banks, one non-bank credit institution, 41 microloan deposit organizations, 43 microloan organizations and 39 microloan funds, now operate in Tajikistan, the source said.
