DUSHANBE, June 25, 2015, Asia-Plus -- The remainder of loans provided by Tajik banks rose 28.7 percent in a year to May 31, 2015, reaching 11.0727 billion somoni, according to the National Bank of Tajikistan (NBT).

More than 5.2276 billion somoni (47.2 percent) have been provided in short-term loans and more than 5.8451 billion somoni (52.8 percent) have been provided in long-term loans.

Compared to the five-month period of last year  the weighted average interest rate for loans provided in the national currency has fallen 1.96 percent and the weighted average interest rate for loans provided in foreign currencies has fallen 2.56 percent, Tajik central bank noted.

Meanwhile, the volume of micro loans provided over the first five months this year has reportedly risen 6.5 percent compared to the same period last year.

Over the same five-month period, 471.9 million somoni have been provided in microloans to entrepreneurs in remote mountain areas, which was 3.4 percent more than in the same period last year.

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.