Meeting of NBT Management with representatives of “Rietumu Bank”

On August 27, 2021 Mr. Hokim Kholiqzoda held working meeting with Mr. Leonid Esterkin, Board Chairman and Mr. Emmanuil Grinshpun,Vice President of Latvian bank “Rietumu Bank” who arrived to the Republic of Tajikistan with working visit.

During the meeting the Chairman of NBT Mr. Hokim Kholiqzoda and representatives of “Rietumu Bank” have discussed the current situation of the county’s banking system, prospects for the mid and long-term establishment of correspondent relations, expansion of non – cash payments using new technologies. The possibility of establishing cooperation among “Rietumu Bank” and banks of the Republic of Tajikistan was also discussed during the meeting.

The Chairman of NBT Mr. Hokim Kholiqzoda briefed participants of the meeting on current situation of banking system of Tajikistan and changes envisaged in the draft of the Tax Code of the Republic of Tajikistan and underlined that currently in the Republic of Tajikistan favourable conditions and improved legal framework are created for foreign direct investment attraction and to carry out free investment activity   and “Rietumu Bank” by entering financial market of our country will provide greater and better opportunities for both the countries and will also contribute to economic development of the Republic of Tajikistan.

On their turn, the representatives of “Rietumu Bank” expressed their gratitude for the warm welcome and interest in establishing mutually beneficial relations.

It is worth mentioning that “Rietumu Bank” is one of the most influential commercial banks in Latvia and one of the five largest banks in Latvia in terms of assets.