Deposits kept at Tajik banks reportedly reach more than 8.263 billion somoni

DUSHANBE, September 25, 2015, Asia-Plus — The National Bank of Tajikistan (NBT) reports that Tajikistan saw bank deposits grow by 34 percent in a year to August 31, 2015, reaching 8.2631 billion somoni, reflecting the expanding economy and rising public confidence in the banking sector. According to data of Tajik central bank, individual deposits account […]

Payrav Chorshanbiyev

DUSHANBE, September 25, 2015, Asia-Plus — The National Bank of Tajikistan (NBT) reports that Tajikistan saw bank deposits grow by 34 percent in a year to August 31, 2015, reaching 8.2631 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 59.7 percent of the overall volume of deposits kept at Tajik banks and corporate deposits account for 40.3 percent.

In January-August this year, local currency deposits have reportedly carried a weighted average interest rate of 15.61 percent at the moment versus 11.63 percent for foreign currencies.

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.  

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