Three major banks in Tajikistan that declared bankruptcy — Tajprombank, Tojiksodirotbonk, and Agroinvestbonk — still owe their clients more than 568 million somonis in total, according to the country’s High Economic Court. The announcement was made during a news conference on August 5.
The court has extended the liquidation process of these banks until 2027, citing their failure to meet obligations and the inability to sell off assets. Despite the bankruptcy proceedings, many depositors continue to complain about their inability to recover funds.
Tajprombank
Tajprombank, which began its bankruptcy proceedings in March 2017, still owes 28 million somonis to 177 clients, both individuals and legal entities. Judge Zulfiya Saidzoda from the High Economic Court stated that depositors may expect repayment by October 2027, though the delay was due to unmet obligations and unsold assets.
At the time of its collapse, the bank owed money to 5,929 depositors, with repayments completed for 5,752 of them. Notably, the court's latest data on the bank’s debt differs from figures published two years ago. In 2023, when the court officially declared the bank bankrupt, the debt stood at 26.6 million somonis owed to 169 depositors. As of 2025, 26.2 million somonis remains unpaid to individual clients.
Tajprombank’s license was revoked by the National Bank of Tajikistan on February 24, 2017. Its assets were valued at 450 million somonis, while liabilities totaled around 550 million somonis. In December 2020, a district court in Dushanbe sentenced the bank’s former chairman, Jamshed Ziyoyev, to 8 ½ years in prison for violations under four articles of the Criminal Code.
The High Economic Court declared the bank officially bankrupt on August 1, 2023.
Agroinvestbonk
Agroinvestbonk owes 445.5 million somonis to 3,616 clients who had placed deposits with the bank. According to Deputy Chairman of the High Economic Court, Zokirjon Aminzoda, the bank had 5,711 depositors at the time of bankruptcy, with total liabilities of 532.2 million somonis.
As of July 2025, the bank has fully repaid 86.7 million somonis to 2,095 clients and made partial payments to the remaining depositors. Overall, the bank has yet to return 1.4 billion somonis to both individuals and legal entities. The deadline for settling these debts has been extended until June 2027.
A year earlier, in August 2024, the bank’s total liabilities stood at 1.6 billion somonis. The latest figures indicate that Agroinvestbonk repaid 200 million somonis over the past year. The bank was officially declared bankrupt by the High Economic Court of Tajikistan on June 1, 2021.
Tojiksodirotbonk
Tojiksodirotbonk (TSB), another bankrupt institution, initially owed 372.4 million somonis to its depositors. As of now, the bank still owes 94.7 million somonis, having repaid 278 million somonis since 2021.
In a 2024 press conference, National Bank Chairman Firdavs Tolibzoda stated that Tojiksodirotbonk had returned 212 million somonis between June 2021 and June 2024. Updated data shows the bank paid an additional 117.3 million somonis in the past year alone. The bank’s license was revoked by the National Bank on May 26, 2021.
These three banks were among those impacted by Tajikistan’s 2016 banking crisis. While Fononbank has since been fully liquidated, Tajprombank, Tojiksodirotbonk, and Agroinvestbonk remain in forced liquidation as of 2025.
Meanwhile, as it had been reported earlier, the government provided financial assistance to TSB and Agroinvestbonk in 2017. TSB received a total of 2.250 billion somonis and Agroinvestbonk received 1.070 billion somonis. The bailout process reportedly ended up with the government owning 85.9 percent of shares in TSB and an 87.3 percent stake in Agroinvestbonk.
