Micro-loans credits to the remote mountain areas

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29.12.2011

Micro-loans credits to the remote mountain areas

    In connection with the growth of economy requirements in money, maintenance of stability of cash assets in circulation and decrease of inflationary factors the National Bank of Tajikistan has continued implementation of monetary policy. As the result, the total balance of loans in republic as of December 1st of current year has increased concerning the same period of last year by 23,5 %.
     There are TJS 2,1 billion in national currency and TJS 2,6 billion in foreign currency. According to the official data, the average interest of loans in banking system for this period has made 22,73 % in national currency and 21,84 % in foreign currency per annum.
     It should be noted that the volume of the issued micro-loans for eleven months of current year have tendency to growth, having increased concerning the reporting of last year on 34,5 %. Including, micro-loans issued to the remote mountain areas of TJS 470,7 million that in comparison with the same period of last year is more on 27,4 %.

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