EBRD reportedly support TSB’s new strategy

DUSHANBE, March 15, 2016, Asia-Plus – The press center of the National Bank of Tajikistan (NBT) reports that senior representatives of Tajik central bank met here with representatives of the European Bank for Reconstruction and Development (EBRD) on March 9 to discuss issues related to development of Tajikistan’s banking sector, in particular with regards to […]

Asia-Plus

DUSHANBE, March 15, 2016, Asia-Plus – The press center of the National Bank of Tajikistan (NBT) reports that senior representatives of Tajik central bank met here with representatives of the European Bank for Reconstruction and Development (EBRD) on March 9 to discuss issues related to development of Tajikistan’s banking sector, in particular with regards to the role of the systemic banks, such as Tojik Sodirot Bank (TSB).

The sides reportedly also discussed NBT’s efforts to minimize the impact of the regional crisis on the financial sector of Tajikistan.

According to the NBT press center, the EBRD welcomed and supported TSB’s new strategy based on strengthening bank’s capitalization and aimed at achieving stronger growth and better quality of lending to the real sector, including through attraction of new foreign institutional investors to the bank’s capital structure.

The EBRD hopes that the success of this process will enable EBRD to resume and develop the full scale cooperation with TSB.

The NBT press center notes that an annual meeting of shareholders of the TSB is scheduled for March 19. 

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