DUSHANBE, March 30, Asia-Plus  -- An annual general meeting of shareholders of open joint-stock company (OJSC) Tojik Sodirot Bonk (TSB) that took place last Saturday (March 27) considered and approved a report on the findings of audit that was carried out at the bank in 2009.

The audit was carried out by international audit company, Grant Thornton, according to the TSB press service.

The meeting also reviewed the results of the past year’s work and considered a number of other issues.  The meeting also elected members of the supervising board and made changes and agenda to the bank’s charter in accordance with requirements of the country’s law on banking activity. 

Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Grant Thornton International Ltd specializes in auditing, management consulting, corporate finance, risk management, etc. 

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.  In 2008, it was renamed Tojik Sodirot Bonk or TSB.

Headquartered in Dushanbe, TSB has 9 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.