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Tajikistan To Allow Foreign Banks To Operate


The Central Bank of Tajikistan: facing competition?

The Central Bank of Tajikistan: facing competition?

DUSHANBE -- The Tajik Parliament’s lower house has approved legislation that would allow foreign banks to operate in the country.

Member of parliament Ismoil Talbakov told RFE/RL’s Tajik Service that this would force local banks to compete for clients and bring down high rates of debt.

The new legislation awaits the president's signature.
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