DUSHANBE, April 13, 2016, Asia-Plus  – Five microlending agencies have reportedly been merged into one microlending agency.

According to the National Bank of Tajikistan (NBT), limited liability companies Rushdi Pomir , Ishkoshim , Rushdi Darvoz , Avrangzeb and Shouroobod have merged into one microlending agency.

The Tajik central bank press center reports the NBT board satisfied an application by the Ishkoshim , Rushdi Darvoz , Avrangzeb and Shouroobod microlending agencies for merging with the Rushdi Pomir microlending agency on April 11.

In this connection, the NBT recalled licenses of the Ishkoshim , Rushdi Darvoz , Avrangzeb and Shouroobod microlending agencies.

These microlending organizations reportedly failed to comply with the NBT’s minimum capital requirements for the microlending organizations.

Meanwhile, the Limited Liability Company Rushdi Pomir has committed itself to submit copies of constituent documents to relevant agencies.