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State Savings Bank of Tajikistan starts issuing mortgage loans

Tajikistan Materials 22 July 2022 16:33 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, July 22. State Savings Bank of Tajikistan "Amonatbank" has allocated 100 million somoni ($9.7 million) for mortgage lending, said the head of the Bank Sirojiddin Ikromi on July 22, Trend reports with reference to the asiaplustj.info.

"For a term of ten years, a mortgage loan is offered at a rate of 10 percent per year for loans in dollars and 22 percent per year for loans in somoni. However, 30 percent of the cost of the house should be paid as the first installment," he said.

In addition, Ikromi also mentioned that mortgages can be obtained not only in Dushanbe but also in other cities of the country.

Before, only three credit institutions - the "Spitamenbank," "First Microfinance Bank," and the "Humo" Microcredit deposit organization offered mortgage loans in Tajikistan.

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