DUSHANBE, March 3, 2015, Asia-Plus — The remainder of loans provided by Tajik banks rose 29 percent in a year to February 28, 2015, reaching more than 9.9 billion somoni, according to the National Bank of Tajikistan (NBT).
5.2 billion somoni have been provided in short-term loans and 4.7 billion somoni have been provided in long-term loans.
Last month, the weighted average interest rate for loans provided in the national currency was 26.52 percent and the weighted average interest rate for loans provided in foreign currencies was 23.67 percent, Tajik central bank noted.
The volume of micro loans provided over the first two months this year has reportedly risen 6.7 percent compared to the same period last year.
Over the same two-month period, 88.5 million somoni have been provided in microloans to entrepreneurs in remote mountain areas, which was 0.2 percent more than in the same period last year.
According to Tajik central bank, 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.
