EBRD and Amonatbank sign MoU to provide local currency loans to Tajik MSMEs

0
436
EBRD
Ikromi Sirojiddin Salom, Chairman of the Amonatbank and Francis Malige, EBRD Managing Director,

TAJIKISTAN: The European Bank for Reconstruction and Development (EBRD) and the state Savings bank of the Republic of Tajikistan, Amonatbank, agreed to stimulate local currency lending to the real sector of the country.

The EBRD and Amonatbank have signed an MoU to begin joint work that will enable Tajik financial institutions to provide local currency loans to Tajik MSMEs and individual entrepreneurs. The MoU was signed by Ikromi Sirojiddin Salom, Chairman of Amonatbank, and Francis Malige, EBRD Managing Director of Financial Institutions. Amonatbank, established in 1885, is the oldest lender in Tajikistan and currently serves almost 2.5 million customers, including 2.3 million depositors through 4 regional and 71 municipal branches and around 550 business service outlets across Tajikistan. The EBRD has invested more than EUR900 million through almost 160 projects in Tajikistan since the country joined the Bank in 1993.

LEAVE A REPLY

Please enter your comment!
Please enter your name here