KULOB, December 25, 2008, Asia-Plus  -- More than 150 depositors of Tojiksodirotbonk’s (TSB) branch in Kulob will participate in a lottery organized by the branch for its depositors who have no less than 5,000 somoni on their deposits.  The main prize will be a car.

Speaking in an interview with Asia-Plus, the head of TSB’s branch in Kulob, Abdukarim Nematov, said that more than 4 million somoni are now on population’s deposits in the bank.  “More than 150 customers having no less than 5,000 somoni on their deposits have been signed up for a drawing,” Nematov said.

He added that TSB’s branch in Kulob had provided 2,500 somoni to local social protection service for purchase food products for the most vulnerable sections of the population of the city, including elderly people who do not have relatives to support and disabled children.

TSB was established in December 1990 as the Tajik branch of the Vnesh Econom Bank of the former Soviet Union, and it initially specialized in trade and import-export banking.  Later this branch was reorganized into a Joint-Stock Commercial Bank “Tajikvnesheconombank”. In June 1999 the bank was renamed and registered as Tojiksodirotbonk or TSB.

Headquartered in Dushanbe, TSB has 10 branches in the main cities of Tajikistan and covering all regions of the country. Its clients include the biggest Tajik trading companies, other enterprises, entrepreneurs, and some of the embassies and diplomatic organizations based in Dushanbe.