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The contribution of the banking sector to support the development of micro, small and medium-sized businesses in rural areas of the Republic of Tajikistan
There was held the ceremony of signing the Agreement on bilateral cooperation with the opening of a credit line between the MCF "Refinancing Fund" and CJSC MDO "IMON INTERNATIONAL" on May 11, 2022. The agreement was signed by the Chairman of the Board of the MCF "Refinancing Fund" Sharif Rakhmonzoda and the Chairman of the Board of CJSC MDO "IMON INTERNATIONAL" Andrey Yaroslavovich Palka.
The Agreement will stimulate the field by creating favorable and acceptable conditions for obtaining financial support for micro, small and medium-sized businesses, which, in turn, is one of the priorities of the two organizations.
MCF "Refinancing Fund" and CJSC MDO "IMON INTERNATIONAL" through a credit line will try to expand the access of the economically active population to financial services in remote regions of the country, which will strengthen micro financing in rural areas. This agreement is an important milestone in the context of the banking and financial sector, that indicates the positive dynamics of conducted changes and meet the requirements of international financial institutions.
The Chairman of the Board of the MCF "Refinancing Fund" Sharif Rahmonzoda noted that the Fund is ready to establish mutually beneficial cooperation with other domestic financial institutions by providing them with long-term loans at affordable interest rates in the national currency, which will contribute to create conditions for sustainable development of the country's economy.
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