DUSHANBE, September 29, 2015, Asia-Plus -- The remainder of loans provided by Tajik banks rose 24.8 percent in a year to August 31, 2015, reaching more than 11.1 billion somoni, according to the National Bank of Tajikistan (NBT).

4.9149 billion somoni (44 percent) have been provided in short-term loans and 6.2495 billion somoni (56 percent) have been provided in long-term loans.

Last month, the weighted average interest rate for loans provided in the national currency was 23.86 percent and the weighted average interest rate for loans provided in foreign currencies was 21.66 percent, Tajik central bank noted.

Meanwhile, the volume of micro loans provided over the first eight months this year has amounted to more than 3.7 billion somoni, including 666.1 million somoni provided to entrepreneurs in remote mountain areas.

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.