DUSHANBE, June 25, 2015, Asia-Plus -- The National Bank of Tajikistan (NBT) reports that Tajikistan saw bank deposits grow by 32.8 percent in a year to May 31, 2015, reaching 7.7305 billion somoni, reflecting the expanding economy and rising public confidence in the banking sector.

According to data of Tajik central bank, individual deposits account for 63.8 percent (4.9305 billion somoni) of the overall volume of deposits kept at Tajik banks and corporate deposits account for 36.2 percent (2.8 billion somoni).

In January-May this year, local currency deposits have reportedly carried a weighted average interest rate of 15.74 percent at the moment versus 11.81 percent for foreign currencies.

According to Tajik central bank, 141 lending organizations, including 17 banks, one non-bank credit institution, 41 microloan deposit organizations, 43 microloan organizations and 39 microloan funds now operate in Tajikistan.