The National Bank of the Republic of Tajikistan held an extended meeting with leaders of credit financial institutions, industry associations, the deposit insurance fund, insurers and credit history bureaus to review 2024 results for the banking and insurance systems and set tasks for 2025. It reported that key indicators improved in 2024 and that the range of services expanded, while highlighting areas where institutions must strengthen their practices. Priorities for 2025 included timely delivery of Tajikistan’s 2022–2026 National Financial Inclusion Strategy and the 2022–2026 strategy for developing credit institutions, full implementation of digital banking and insurance services across all regions and wider use of fintech, and upgrades to service quality and consumer complaint handling. The National Bank also pointed to stronger internal controls and risk management, a reduction in non-performing loans, measures to reinforce capital bases and attract more investment including long-term funding, increased shares of income-generating assets, higher staff qualifications, tighter management of cyber risks and information security, and greater transparency of credit and insurance organisations. Further tasks covered continued implementation of the law on amnesty through legalisation of citizens’ assets and funds, remedying shortcomings in exchange-rate determination and tightening controls over foreign-exchange operations, and delivering the presidential decree on expanding non-cash settlements, including measures to support a full move to cashless payments in budgetary sectors and public services in 2025.

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