Volume of Issued Loans Increased by 58% in Tajikistan
OREANDA-NEWS. May 04, 2011. The volume of issued loans for January-March of current year has made more than TJS 1,6 billion, that in comparison with the same period of previous year is more on 57,7 %. The volume of the repaid loans for this period has increased to 57,6 %, having made TJS 1 275,6 million, reported the press-centre of National Bank of Tajikistan.
One of positive factors of development of the credit sector is granting of long-term loans, which specific weight makes 20,6 % of total balance of loans. Other positive factor promoting development of a credit investment was relative decrease in interests on loans. The average interest rate of issued loans in March of current year has made in national currency - 22,6 %, in foreign currency - 22,8 %, that in comparison with the similar period of previous year is less on 1,9 and 2,1 % accordingly.
In connection with increase in demand on microfinancing, the volume of microcredits for the first quarter of current year has made TJS 529,6 million, that concerning the corresponding period of last year is more on 29,0 %. For the above mentioned period it is issued microcredits for TJS 115,3 million to the mountain remote regions of the republic, that is more on 22,4 % against the similar period of last year.
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