Tajik banks interested in providing hard currency loans

Asia-Plus

DUSHANBE, February 24, 2016, Asia-Plus — The remainder of loans provided by Tajik banks rose 21.8 percent in a year to January 31, 2016, reaching more than 12 billion somoni, according to the National Bank of Tajikistan (NBT).

4.9 billion somoni (40.9 percent) have reportedly been provided in short-term loans and more than 7.1 billion somoni (59.1 percent) have been provided in long-term loans.

Last month, the weighted average interest rate for loans provided in the national currency was 24.7 percent and the weighted average interest rate for loans provided in foreign currencies was 20.19 percent (a 3.5 % decline compared to January 2015), Tajik central bank noted.

Meanwhile, the volume of micro loans provided to entrepreneurs in remote mountain areas last month rose 7.5 percent compared to January 2015.   

Article translations:

Related Articles

spot_imgspot_img

Most Read

Join us on social media!

Реклама на asia +spot_imgspot_img

Recent Articles

Navruz, Wrestling, and Cars: How the Pahlavon from Rogun Conquered the Gushtingiri Tournament in Dushanbe

Subkhiddin Khalilzoda won the final of the gushingiri in Dushanbe and became the hero of the spring holiday.

Navrouz greetings

Dear readers and subscribers! Asia-Plus News Agency congratulates you...

Eid al-Fitr greetings

Dear readers and subscribers, Eid Mubarak! May this blessed...

Russian ruble weakens against the Tajik national currency and major global currencies

In recent weeks, the Russian ruble has experienced a...

Over 2,500 participants expected at Water Conference in Dushanbe

The Fourth High-Level International Conference on the International Decade...

BARQ becomes new IT Park Dushanbe resident, launches power bank rental service

A common problem for many city dwellers: a dead...

Some bazaars and shopping centers in Dushanbe to close for up to four days during Navrouz celebrations

During the Navrouz holiday celebrations, some bazaars and shopping...

Eurasian Development Bank Predicts 8.1% Economic Growth for Tajikistan in 2026

Analysts from the Eurasian Development Bank (EDB) forecast a...

Iran’s intelligence minister killed in air strike

Iranian President Masoud Pezeshkian confirmed the death of intelligence...

Russian parliament tightens immigration rules for migrant children and patent holders

On March 18, the State Duma (Russia’s lower chamber...