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Several commercial banks in Kyrgyzstan yesterday suspended money transfers to and from Russia amid exchange rate volatility and issues with payment systems. AKIpress says Eldik Bank reported that Astrasend, Unistream, Contact, Zolotaya Korona, and Sberbank Online money transfer systems were temporarily down due to technical reasons. asiaplustj.info »
In a report released at a news conference in Dushanbe, the head of the State Committee on Investment and State-owned Property Management (GosKomInvest), Sulton Rahimzoda, revealed that 37 assets of two troubled lending agencies -- Tojiksodirotbonk (TSB) and Agroinvestbonk – have been auctioned for a total 99.4 million somonis to date. asiaplustj.info »
Banks in Turkiye have begun refusing to work with Russian banks, Kommersant reports , citing sources working in the financial market and foreign trade. According to Kommersant , Turkish banks have terminated correspondent banking relationships with almost all Russian credit institutions and have also suspended payment processing without formally terminating contracts. asiaplustj.info »
Media reports say China’s state-owned banks are tightening curbs on funding to Russian clients after the US authorized secondary sanctions on overseas financial firms that aid Moscow’s war effort in Ukraine. asiaplustj.info »
Tajikistan is listed among countries, whose banks are able to participate in foreign exchange trading in the Russian Federation An instruction on endorsement of the list was signed by Prime Minister Mikhail Mishustin and it was posted on the Russian Government’s official website on September 20. asiaplustj.info »
In the first six months of 2023, most cases of corruption were detected in banks, Sulaimon Sultonzoda, head of the Anti-Corruption Agency of Tajikistan, said at a press conference. According to him, the list of the most corrupt is headed by banks – 142 corruption-related crimes have been recorded in state and commercial banks. asiaplustj.info »
Some financial institutions in Tajikistan, namely Spitamen Bank, Bank Arvand, the First MicroFinanceBank of Tajikistan and Microcredit Deposit Organization (MDO) Humo, have suspended foreign currency transfer transactions through the international money transfer company Unistream. asiaplustj.info »
Citing the Tajik Prosecutor-General's Office, Radio Liberty’s Tajik Service , known locally as Radio Ozodi , reported on June 26 that the Prosecutor-General’s office has launched an investigation into the suspected abduction of Shuhrat Ismatulloyev, the first deputy head of one of Tajikistan’s largest commercial bank, Orienbank. asiaplustj.info »
Iran’s state-run news agency IRNA reported on May 24 that governors of the central banks of Iran and the Russia have emphasized strengthening trade exchanges and using their national currencies in bilateral trade. asiaplustj.info »
The Government of Tajikistan has refrained from raising loans for completion of the construction of the Roghun hydropower plant from European banks, Tajik Finance Minister Faiziddin Qahhorzoda told reporters in Dushanbe on February 17. asiaplustj.info »
Many users of social media networks and readers of Asia-Plus ask why does the exchange rate of the Russian ruble (RR) of ruble transfers differ from the exchange rate set by commercial banks and why do commercial banks set exchange rates, and this while the National Bank of Tajikistan (NBT) sets official exchange rate every day? asiaplustj.info »
Compared to 2020, remittances from Tajik citizens sent through money transfer system to the country from Russia last year rose 3.1 percent, or 5.4 million U.S. dollars (USD). The Central Bank of Russia says 1. asiaplustj.info »
Chairman of the National Bank of Tajikistan Hokim Kholikzoda and Deputy Head of the Central Bank of Russia Ruslan Vesterovsky signed an agreement on joint counteraction to computer attacks, the press service of the Tajik regulator reports. asiaplustj.info »
The payment of insurance compensation to accountholders of Tojiksodirotbonk (TSB) and Agroinvestbonk will start upon the expiration of 14 days from the date of the court decision on the liquidation of these lending institutions, according to the National Bank of Tajikistan (NBT). asiaplustj.info »
Four troubled banks of Tajikistan, with two of them being at the state of liquidation, have been unable to settle with their customers for the fifth year already. These banks still owe a total of more than 1 billion somonis (equivalent to almost 90 million U.S. asiaplustj.info »
National Bank ordered credit institutions of the republic to improve the conditions for providing loans to customers. The head of the National Bank of Tajikistan Jamshed Nurmakhmadzoda instructed the leadership of the country's credit organizations to increase lending at the expense of available financial resources, reducing interest rates on loans. asiaplustj.info »
We conducted a survey on trust in Tajik banks in our Telegram channel. We asked our subscribers a question: "Which Tajik bank do you trust more?" And offered a list of seven commercial banks of the republic. More than 3.7 thousand respondents took part in the voting. asiaplustj.info »
Tajikistan is experiencing serious consequences of the coronavirus pandemic, the statement says following the results of the virtual mission of the International Monetary Fund to the republic. «The health impact of the pandemic has been subdued, but trade problems with key partners have impacted economic activity and remittances». asiaplustj.info »
In a report released at a news conference in Dushanbe, the head of the National Bank of Tajikistan (NBT), Jamshed Nourmuhammadzoda, revealed on July 22 that during the period from April to June this year, incomes of the country’s lending agencies fell 25.6 percent. asiaplustj.info »
