Before the Eximbank of India, the dilemma: to whom to give money to – Spitamen Bank or Orienbank?

Asia-Plus

The Export-Import Bank of India was interested in establishing cooperation with Tajik commercial banks. In the field of view of the Indian bank are "Spitamen Bank" and "Orienbank".

The head of the Eximbank of India, Ravindranath Menon, at a meeting with the leadership of the National Bank of Tajikistan in Dushanbe noted that currently the possibilities of establishing cooperation with CJSC Spitamen Bank and OJSC Orienbank,  the press service of the NBT reports.

He stressed that in the future Eximbank of India can finance one of the considered banks for lending to Tajik manufacturing enterprises and Indian companies operating in Tajikistan.

Eximbank of India was created with the assistance of the government of this country in 1982, primarily to support foreign trade operations, as well as Indian small and medium-sized businesses.

The “Spitamen Bank”, which was formed in 2013, predicts rapid growth. The shares of this bank are fully owned by the company “Spitamen Insurance”, which is associated with people close to the top leadership of the country. The bank is headed by the well-known bank manager in Tajikistan Niyozmurod Saidmurodov, who once headed the now problematic "Agroinvestbank".

The head of "Orienbank" is Hasan Asadullozoda, who is the brother-in-law of Tajik President Emomali Rahmon.

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...