The results of the activities of the SSB RT "Amonatbonk" for the first half of 2021

On July 21, 2021 in accordance with the established plan of the Presidential Executive Office of the of the Republic of Tajikistan, was held a press conference on the results of the SSB of the RT “Amonatbonk” for the first half of 2021 with the participation of a wide range of journalists from domestic and foreign media.

The conference was attended by Chairman of the Board of SSB RT “Amonatbonk” Ikromi S.S., Deputies Chairman Rizvonzoda F.Z. and Saifzoda Sh.Dzh. and heads of structural divisions of the Board of the Bank.

Chairman of the Board Ikromi S.S. provided information on the financial results of the Bank for the first half of 2021, noting that the SSB of the RT "Amonatbonk" carries out its activities on the basis of instructions of the Founder of Peace and National Unity, the Leader of the Nation, President of the Republic of Tajikistan, respected Emomali Rahmon, current decree of the Republic of Tajikistan, “Main directions of activities of SSB RT“ Amonatbonk ”for 2020”, “Priority directions of activities of SSB RT“ Amonatbonk ”for 2020” and “Concept of development of SSB RT“ Amonatbonk ”for 2016-2020”.

It was noted that today Amonatbonk, through 75 branches and 546 banking service centers with more than 2,900 employees in all regions of the country, serves about 23 thousand enterprises and organizations, over 750 thousand pensioners of the social protection of the population and law enforcement agencies, more than 1.7 million depositors and etc.

As of June 30, 2021, the Bank's assets amounted to 4. 695 million. somoni, the Bank's liabilities – 4 204 million. somoni, which increased by 10.5% in compare with tht same period 2021.

High liquidity is one of the main indicators of stability and reliability. The implementation of this indicator in Amonatbonk is at a high level

The Banks’ assets have increased to 10.5% up to 491.2 million somoni. The net profit of the Bank for this period is 33.3million somoni, which is 39.2% more than the analogues period last year

At the same time, in order to develop non-cash payments within the country, taking into account the requirements of the banking services market, a mobile apps of the Bank ("Amonat-Mobile") was implemented, which allows to pay for utilities, mobile payments, transfer money from one card to another and perform various banking operations.

Moreover, in order to develop non-cash payments, Amonatbonk connected 15 credit organizations to its billing system. These credit institutions were able to provide their clients with services for payment for electricity, water and heat through the internal system of bank cards, e-wallets and mobile banking.

Amonatbonk cooperates with international financial institutions to attract investment to the country's economy. In total, 74.7 million US dollars were attracted, through which 90 investment projects were implemented for the development of various sectors of the economy in 51 cities and regions of the country.

Also, Amonatbonk provided credits in the amount of 10.6 million USD to 11 domestic companies for the import of goods and products from the Republic of Uzbekistan, through a credit line agreement with the National Bank for Foreign Economic Activity of the Republic of Uzbekistan in the field of trade finance in the amount of 33 million USD.

In addition, in order to support domestic entrepreneurs and attract additional foreign investment in the country's economy, the interest rate on loans from the National Bank for Foreign Economic Activity of Uzbekistan is set at 4.5-5.5% per annum, which is 3.5 percent below compared to the previous interest rate

Bank also pays special attention to achieving the highest goal of the country - to ensure a decent life for every citizen of the country.

As to it, taking into account the high customers demand, the Bank additionally launched concessional lending under the name "Kishovarz" for the period from February 1 to June 30, 2021, which was successfully launched in 2020.

As a result of these initiatives, in the first six months of 2021, the Bank issued more than 661.9 million somoni to 36,000 clients through internal and external reserves, which increased by 36.7% and 23%, respectively, compared to the same period last year.

The credits issued are directed to the following sectors:

industry - 22.4%, agriculture - 19.9%, consumer loans - 18.2%, construction - 7.2%, trade - 22.7%, transport - 7.3% and other services (tourism, healthcare, public catering) - 2.3%.

At the same time, in order to speed up and facilitate the transfer of funds, Amonatbonk was connected to the Sberbank-online mobile application, users of which will be able to seamlessly transfer funds through the national Amonatbonk card.

After the report Chairman of the Board of the SSB RT “Amonatbank, Ikromi S.S. answered questions from journalists related to the Bank's activities.

It should be noted that 25 media journalists took part in the next press conference. In anticipation of holding a press conference on the results of the activities of the SSB RT “Amonatbonk” for the first half of 2021, journalists were provided with information guide (PRESS RELEASE)