On 7 October 2025, Firdavs Tolibzoda, Chairman of National Bank of Tajikistan, met with Mr. Mark Bowman, Vice President for Policy and Partnerships at the European Bank for Reconstruction and Development (EBRD), to discuss expanding cooperation. Also, Firuz Sharifzoda, First Deputy Chairman of the National Bank of Tajikistan, Ayten Rustamova, EBRD Regional Director for Kyrgyzstan, Tajikistan and Turkmenistan and Mr. Holger Wiefel, Head of the EBRD Resident Office in Tajikistan have attended the meeting.
The Chairman of National Bank of Tajikistan has expressed gratitude to the EBRD delegation for their long-standing fruitful cooperation and ongoing support, particularly for providing financial and technical assistance to the banking system of the Republic of Tajikistan. He has noted that in recent years, thanks to cooperation with the EBRD, the National Bank of Tajikistan has achieved significant results in implementing a number of important reforms, such as strengthening monetary policy and transitioning to an inflation targeting regime, improving corporate governance and strengthening banking supervision, increasing the stability and transparency of the financial system, and implementing initiatives related to green finance and climate risk management.
During the meeting, the EBRD Vice President for Policy and Partnerships Mr. Mark Bowman has expressed satisfaction with the fruitful cooperation between the parties and stated that the EBRD will continue to support comprehensive reforms aimed at expanding the development of the country's banking system.
It was emphasized in the meeting the importance of EBRD technical assistance to further strengthen the regulatory and supervisory mechanisms for credit financial institutions, including identifying, managing, and mitigating the impact of financial risks, improving monetary policy frameworks, strengthening analytical tools, developing the financial market and expanding access to financial services, enhancing the capacity for oversight and analysis of insurance market and developing and implementing a modern operational risk management system at the National Bank of Tajikistan.
In conclusion, the parties have expressed interest in expanding and strengthening further cooperation and their willingness to continue implementing joint projects in the areas of green finance, financial inclusion and digitalization of financial services.
Press Division
Views: 2704
07.10.2025
