DUSHANBE, August 14, Asia-Plus — At the end of last week, top managers of Tajikistan Development Bank (TDB) met with visiting delegation of the Eurotrustbank.

The source at a TDB said that the meeting had focused on issues related to establishment and expansion of cooperation between the two banks.  The sides exchanged views on development of the money transfer system Migom in Tajikistan, development and strengthening of corresponding relations between TDB and Eurotrustbank by means of carrying out new types of transactions on commercial financing, etc.  

Founded in July 1994, Eurotrustbank (full name: Commercial Bank European Trust Bank (closed joint-stock company or CJSC), with headquarters in Moscow, has a branch in St. Petersburg.  The bank is member of the following financial organizations: Moscow Interbank Currency Exchange; International Bank Card Association VISA and other payment systems; Association of Russian Banks and Association of Regional Banks “Rossiya”; Intergovernmental Commission for Interbank and Investment Cooperation between Russia and Kazakhstan; Intergovernmental Commission for Interbank and Investment Cooperation between Russia and Uzbekistan; Intergovernmental Commission for Interbank and Investment Cooperation between Russia and Tajikistan; and  National Currency Association.

The Eurotrustbank has the following licenses: general license for banking operations; depositary operations license of the professional participant in the securities market; securities management license of the professional participant in the securities market; dealer operations license of the professional participant in the securities market; brokerage license of the professional participant in the securities market; and licenses to provide encrypting devices;