Transitional administrators appointed at two banks undergoing liquidation

The National bank of Tajikistan (NBT) has appointed transitional administrators at Tojiksodirotbonk (TSB) and Agroinvestbonk, which are undergoing liquidation. According to the NBT press center, Davron Tukhtayev has been appointed transitional adminis...

Two of Tajikistan’s largest bank awaiting liquidation

The National Bank of Tajikistan (NBT) has revoked licenses from Tojiksodirotbonk (TSB) and Agroinvestbonk.  The NBT press center says the NBT Board revoked licenses from these two of the country’s largest banks on May 21.   &ld...

Tajikairnavigation permitted to provide special services for foreign currency

Following the national air carrier Tajik Air and Closed Joint-Stock Company (CJSC) Sozidaniye LLC, the State Unitary Enterprise (SUE) has been granted a license to provide special services for foreign currency.  The license has been granted to Tajika...

ADB’s 2020 operations hit record high to aid covid-19 response, recovery

The Asian Development Bank (ADB)  committed a record $31.6 billion in 2020 to help Asia and the Pacific swiftly tackle the  coronavirus disease (COVID-19) outbreak; support a green, sustainable recovery from the pandemic; and address longer-term

Barqi Tojik reportedly owes 1.73 billion somonis to OJSC Sangtudinskaya GES-1

Barqi Tojik’s debt to Open Joint-Stock Company (OJSC) Sangtudinskaya GES-1, which operates the Sangtuda-1 hydroelectric power plant (HPP), has reached  1.73 billion somonis (equivalent to more than 153 million U.S. dollars). According to OJ...

Pamir Energy Company announces tender for the supply of NSHs, including RCS

Invitation for Bids (IFB)                                Republic of Tajikistan    &...

EBRD and donors organize US$4 million package to Arvand Bank in Tajikistan

The European Bank for Reconstruction and Development (EBRD) is teaming up with the Green Climate Fund (GCF) to support small private-sector companies in Tajikistan, which invest in green technology solutions, and to create new opportunities for women-led ...

One more company gets license to conduct audit at insurers in Tajikistan

One more company has been granted a license to conduct audit at insurers, bringing a total number of insurance auditors in the country to 8. The National Bank of Tajikistan (NBT) on April 16 gave a license to PKF Tojikiston LLC to conduct audit at ins...

Tajik distressed bank pays off debts to its customers

Tajik commercial bank that went bankrupt – Open Joint-Stock Company (OJSC) Fononbonk – has fully paid off its debts to its customers, with the exception of persons associated with the bank, according the National Bank of Tajikistan (NBT) press

Asia-Plus Radio among winners of “Dushanbe Best Entrepreneur” contest again

An awarding ceremony for winners of the “2020 Dushanbe Best Entrepreneur” contest took place at Hyatt Regency Dushanbe Hotel on April 9.  Asia-Plus Radio is among winners of the contest again  Deputy Mayor of Dushanbe, Umed Gurez...

More could be done to advance tax reforms in Tajikistan, says ADB new director for Tajikistan

Q&A with Ms. Shanny Campbell, ADB Director for Tajikistan Ms. Campbell, congratulations on your appointment as the Asian Development Bank’s Country Director in Tajikistan!  We wish you fruitful and successful cooperation with the gover...

Grande rate decrease awaits you at The First MicroFinanceBank.

Starting from April 1, 2021, The First Microfinance Bank announced a reduction in interest rates on loan products. The decrease in the interest rate applies to all lending products provided by the bank. The services of The First Microfinance Bank are ...

Head of EDB representative office in Tajikistan replaced

Nikolai Nikulin has been appointed to head the Eurasian Development Bank (EDB) representative office in Tajikistan, replacing Rashid Kadyrov, who had served as head of the EBD office in Tajikistan for almost eight years.    The EDB offi...

OJSC NBO Roghun looking for a suitable international auditor

The Open Joint-Stock Company (OJSC) NBO Roghun is seeking a suitable international auditor.   The main criteria for the selection of an auditor are the following:    - sufficient experience in auditing financial activities; ...

Invitation for Bids (IFB) Republic of Tajikistan

Pamir Energy (PE) is part of AKDN and operates through a Public-Private Partnership with the Government of Tajikistan (GoT), in effect at least until 2027. Since its inception in 2002, PE has been providing energy services in Viloyati Mukhtori Kuhistoni B...

Industry minister calls TALCO embodiment of economic reforms in Tajikistan

The Minister of Industry and New Technologies Sherali Kabir yesterday congratulated the staff of the Tajik Aluminum Company (TALCO) on the occasion of the 46th anniversary of the Company.    TALCO is one the largest aluminum smelters wi...

New EBRD Managing Director for Central Asia appointed

Zsuzsanna Hargitai has been appointed new Managing Director, Central Asia for the European Bank for Reconstruction and Development (EBRD), according to press release issued by the EBRD Dushanbe Resident Office. In this role she will oversee the Bank&r...

Spitamen Bank and Tajrupt.ai use AI apps for microlending

Spitamen Bank and Tajrupt.ai will use Artificial Intelligence (AI) applications (apps) to issue microloans beginning on April 1.   Spitamen Bank will implement an artificial intelligence algorithm developed by Tajrupt.ai and will use this mo...

Government agency gets tax breaks for food and fuel deliveries

Tajikistan’s lower chamber (Majlisi Namoyandagon) of parliament has enhanced the bill on amendments proposed to the country’s laws on the national budget for 2021.  The amendments provide for exempting the Agency on State Material Reserve...

Private insurance company gets a license to engage in both compulsory and voluntary insurance

Private insurance company, Closed Joint-Stock Company (CJSC) Paymon Insurance, has got the right to engage in both compulsory and voluntary insurance in Tajikistan, according to the press center of the National Bank of Tajikistan (NBT).    T...