Amonatbonk

What Amonatbonk does

Amonatbonk is the State Savings Bank of the Republic of Tajikistan, fully owned by the Government of the Republic of Tajikistan. It is the largest bank in the country by physical network, operating 75 branches and 546 banking service centers (МХБ) supported by 25 round-the-clock cash offices, more than 560 POS terminals, and over 171 currency exchange points. Retail deposits placed by individuals are backed by a sovereign state guarantee, and the bank is considered systemic and reliable per National Bank of Tajikistan annual ratings and assessments by foreign auditors. The bank traces its origins to a savings fund established in Khujand in 1885 and was formally constituted as a state savings bank in 1925, with state-bank status granted by Presidential Decree No. 1123 of 26 November 1998.

The bank offers a comprehensive suite of retail, corporate, SME, and interbank services. For individuals: consumer, auto, mortgage, agricultural, electric-vehicle, and women-entrepreneur loans; Korti Milli national cards and Visa Classic/Gold; fixed-term, accumulative, children's, pension, and 'Compatriot Abroad' deposits; international and domestic money transfers (Western Union, Unistream, Contact, SWIFT, Dastras); utility and communal bill payment; gold bullion sales. For businesses and financial institutions: overdraft, sectoral term lending (agriculture, industry, construction, transport, trade, services), tender and contractual guarantees, letters of credit, trade finance, salary projects, corporate cards, conversion operations, interbank lending, and banknote operations. Digital channels include the Amonat Mobile app (iOS and Android), internet banking at ib.amonatbonk.tj, and SMS banking. The bank also operates the Korti Milli national payment card system jointly with the National Payment System Processing Center.

Amonatbonk's revenue model is dominated by interest income from lending activities across consumer, mortgage, auto, agricultural, and business products, supplemented by transaction-based fees from card operations, domestic and international money transfers, currency exchange and banknote operations, trade-finance instruments (guarantees and letters of credit), and utility-payment commissions. The bank serves 1.46 million cardholders, processes salary projects for organizations across ownership forms, and distributes loans funded by the National Bank of Uzbekistan for Foreign Economic Activity to support Tajik imports of equipment and goods from Uzbekistan. Pricing is portfolio-based and product-specific, with consumer loan yields in the 20–22% range in TJS and 10% in foreign currency.

Name

Amonatbonk

Legal name

КВД БА ҶТ "Амонатбонк" (Корхонаи Давлатии Бонки Амонатгузории Ҷумҳурии Тоҷикистон)

Website

https://amonatbonk.tj

Company type

Private

Founded year

1925

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Amonatbonk is Tajikistan's state-owned savings bank and the country's largest by physical network, providing retail, corporate, SME, and interbank banking services to 1.46 million cardholders through 75 branches and 546 service centers, with sovereign-guaranteed individual deposits.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)

akta.pro secondary industries

Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL), ATM / Cash Access Network Schemes (FSAMAAAH), Corporate Cash Management & Treasury Services (FSAMAOAA), Banknote & Cash-in-Transit (CIT) Services (BPAKAIAA), Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB)

Keywords

• Retail banking services
• Consumer lending products
• Corporate banking services
• Payment card services
• Money transfer services

Headquarters

HQ city

Dushanbe

HQ country

Tajikistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income on Loans: The primary revenue stream is interest income from lending activities, including consumer loans, mortgages, auto loans, agricultural loans, business loans, and interbank lending.
2. Deposit Operations: Revenue from accepting and managing customer deposits including term deposits, savings deposits, pension deposits, children's deposits, and deposits for compatriots abroad.
3. Banking Commissions: Commissions from services including guarantee services (tender guarantees, contractual guarantees), letters of credit, trade financing, and documentary operations.
4. Card Operations: Fees from card operations including Korti Milli national cards and VISA cards (Classic and Gold), plus SMS banking services.
5. Money Transfers: Revenue from domestic transfers (Dastras), international transfers via Western Union, Unistream, Contact, and SWIFT.
6. Banknote Operations and Currency Exchange: Revenue from currency exchange operations, purchase and sale of foreign currency, and cash management services including cash collection and delivery to counterparty banks across Tajikistan.
7. Utility and Service Payments: Commissions from processing utility payments, mobile top-ups, internet service provider payments, and other коммунальные услуги through Amonat Mobile and bank offices.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels7 records

Core offering

Amonatbonk is the state-owned savings bank of the Republic of Tajikistan, providing retail and corporate banking products including consumer loans, auto loans, mortgages, agricultural and sector-specific credit, fixed-term and pension deposits, national (Korti Milli) and Visa payment cards, domestic and international money transfers (Western Union, SWIFT, Unistream, Contact, Dastras), trade finance instruments (letters of credit, bank guarantees), utility payments, business banking services (salary projects, corporate cards, overdraft), and gold bullion sales. Services are delivered through 75 branches, 546 service centers, 25 round-the-clock cash offices, an ATM and POS/QR network, and digital channels (Amonat Mobile app, Internet Banking, SMS Banking).

Product overview

Amonatbonk operates as the state-owned savings bank of Tajikistan, offering a broad suite of retail, corporate, and financial-institution banking products. For individuals, the bank provides consumer loans (including auto, mortgage, agricultural, and women-focused products), credit cards (VISA and the domestic KORTI MILLI network), deposit accounts (fixed-term, accumulative, children's, pension, and compatriot abroad), money transfers (Western Union, Unistream, Contact, SWIFT, Dastras), utility payments via mobile app and bank branches, and digital channels (Internet banking, Amonat Mobile app, SMS banking). For businesses, it offers corporate cash services, salary projects, corporate cards, conversion operations, overdraft and term lending across sectors (agriculture, construction, trade, industry), plus trade finance instruments (tender guarantees, letters of credit, trade financing). For financial institutions, the bank provides correspondent banking via SWIFT, interbank lending (short- and long-term), banknote operations, documentary operations, and access to the national KORTI MILLI payment infrastructure. The portfolio includes a credit calculator tool and gold bullion purchase service.

Differentiator

Problem solved

Functional benefit

Brands

• Амонат Мобайл (Amonat Mobile): Mobile banking application for iOS and Android providing account management, transfers, bill payments, and cashless transactions.

Products and services

• Consumer Loans General-purpose consumer loans for individuals, with terms up to 5 years and annuity or differentiated repayment.
• Auto Loans Vehicle financing for individuals up to 250,000 TJS with terms up to 60 months at 22% per annum in TJS or 10% in foreign currency; preferential rates for existing customers.
• Successful Women Loan Product Specialized consumer loan for women entrepreneurs, up to 250,000 TJS for up to 48 months at 20% per annum in TJS or 10% in foreign currency.
• Mortgage Loans Long-term housing financing secured by real estate collateral for individuals.
• Fixed-Term Deposit Standard fixed-term savings deposit with guaranteed returns for a defined maturity period.
• Accumulative Deposit Savings deposit that accumulates interest and allows periodic additional contributions.
• Children's Deposit Long-term savings deposit designed for children's financial future.
• Pension Deposit Card Chip-based deposit card designed for pension and social benefit disbursements from state budget institutions.
• Korti Milli National Card Domestic chip-based payment card operating on Tajikistan's national payment system, usable throughout the republic and for salary project disbursements.
• Visa Classic and Visa Gold Cards International payment cards with chip for use abroad at any Visa-accepting merchant worldwide; Visa Gold is the premium tier.
• Amonat Mobile Banking App Mobile banking application for iOS and Android enabling account management, transfers, utility payments, and QR code payments.
• Internet Banking Web-based online banking platform accessible at ib.amonatbonk.tj for account access and transactions.
• Money Transfer Services International and domestic money transfer services via Western Union, Unistream, Contact, SWIFT, and the domestic Dastras system.
• Utility and Communal Bill Payments Payment services for utility bills and communal services processed via the Amonat Mobile app and at bank branches.
• POS and QR Payment Terminal Installations Point-of-sale terminal and QR code payment acceptance installations enabling merchants to accept card and mobile payments.
• Salary Project Services Corporate salary disbursement project services for business clients, including card-based payroll via Korti Milli.
• Corporate Cash Services
• Corporate Cards Business debit and credit cards for corporate expense management.
• Currency Conversion Operations
• Tender Guarantees Bank guarantees issued for tender participation and contract performance.
• Contractual Bank Guarantees Three types of contractual bank guarantees: advance payment guarantee, performance guarantee, and payment guarantee issued for legal entities and individual entrepreneurs. Service fees: 1% without collateral, 0.5% with collateral.
• Letters of Credit Documentary credit instruments for international and domestic trade transactions.
• Trade Financing Trade finance products supporting import and export activities for businesses.
• Business Overdraft Short-term overdraft credit facility for business clients.
• Agricultural Credit for Business Sector-specific credit facilities for agricultural enterprises.
• Industrial Credit for Business Credit facilities for industrial sector business development.
• Interbank Lending Short-term and long-term interbank lending facilities for financial institutions, served via the Internet bank.
• Banknote Operations and Currency Exchange Cash operations including purchase and sale of foreign currency, banknote trading, and cash collection and delivery services across Tajikistan.
• Documentary Operations Documentary banking operations including documentary credits and collections for financial institution clients.
• Bank Guarantees for Financial Institutions Bank guarantee instruments issued for correspondent bank counterparties.
• Gold Bullion Sales Sale of gold bullion (5g, 10g, 20g, 50g, 100g) sourced from the National Bank of Tajikistan.
• Uzbekistan Foreign Economic Activity Loans Loans funded by the National Bank of Uzbekistan for foreign economic activity, ranging from USD 50,000 to USD 1,500,000 at 4.5-5.5% per annum for 1-3 year terms, for importing equipment and goods from Uzbekistan.
• Electric Car Loans Financing for the purchase of electric vehicles.
• Agricultural Loans for Individuals Sector-specific loans for agricultural activities and rural development for individual borrowers.
• Tourism and Folk Crafts Development Loans Loans supporting the development of the tourism and traditional folk crafts sectors for individuals and small businesses.
• Customs Loans Financing for customs clearance and import-related activities.
• Construction and Transport Loans for Individuals Loans for construction projects and transport-related expenses for individuals.
• State Employee Loans Preferential consumer loans for employees of government institutions.
• Compatriot Abroad Deposit Deposit product targeting Tajik citizens living abroad, facilitating cross-border savings.
• Fixed-Term Deposit with Additional Payment Fixed-term deposit allowing supplementary deposits during the term.

Quantifiable outcome

• Over 1.46 million active cardholders across Tajikistan
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• National Bank of Tajikistan (Бонки миллии Тоҷикистон)coreOthersAmonatbonk operates under the regulatory oversight of the National Bank of Tajikistan and has correspondent relations with the central bank. The bank is considered systemic and reliable per annual assessments by the National Bank of Tajikistan and foreign auditors. The government provides guarantees for individual deposits held at Amonatbonk.
• Member of the IBA SCO (МБО ШОС)coreOthersAmonatbonk is a member of the Interstate Banking Association of the Shanghai Cooperation Organization (IBA SCO), indicating regional cooperation with banking institutions across SCO member states.
• National Bank of Foreign Economic Activity of the Republic of UzbekistancoreStrategic or Co-development PartnerAmonatbonk offers loans funded by the National Bank of Uzbekistan for Foreign Economic Activity. These loans (from 50,000 USD to 1,500,000 USD at 4.5-5.5% per annum) are designed to facilitate imports of equipment, machinery, and products from Uzbekistan. The partnership enables cross-border trade financing between Tajikistan and Uzbekistan.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Tojiksodirotbank (TJSB): Tojiksodirotbank is a long-standing Tajik state-influenced bank offering retail and corporate banking, deposits, and trade finance. Directly comparable given similar state-affiliated heritage, product breadth, and full-service retail and corporate offerings inside Tajikistan.
• Eskhata Bank: Eskhata is one of Tajikistan's largest private commercial banks offering retail lending, deposits, cards, and trade finance to individuals and SMEs. Directly comparable as a fellow full-service Tajik retail and corporate bank competing for the same customer base in Dushanbe and regional branches.
• First MicroFinanceBank Tajikistan (FMFB): FMFB is a leading Tajik bank focused on micro and SME lending with a national branch footprint. Comparable as a Tajik-licensed deposit-taker and lender serving individuals and small businesses, though skewed more to microfinance than Amonatbonk's broader corporate and trade-finance franchise.
• International Bank of Tajikistan: The International Bank of Tajikistan is another major Tajik commercial bank providing consumer loans, deposits, cards, and corporate banking. Comparable to Amonatbonk as a domestic full-service bank targeting retail and corporate clients across Tajikistan.

Regional players

• National Bank of Uzbekistan (NBU): The National Bank of Uzbekistan is a state-owned commercial bank providing retail, corporate, and trade-finance services. Comparable as a state-owned Central Asian commercial bank and as the explicit counterparty in Amonatbonk's cross-border lending program.
• National Bank of Kyrgyzstan: The National Bank of Kyrgyzstan is the central bank but also operates as a major state-owned commercial bank with retail and corporate services. Comparable as a state-owned savings-oriented institution in a neighboring Central Asian economy with similar deposit-gathering and lending franchise.
• Halyk Bank of Kazakhstan: Halyk is the largest retail and corporate bank in Kazakhstan, with an extensive branch network, dominant card scheme (Halyk QR), and remittance integrations. Comparable as a regional Central Asian state-influenced retail champion with similar distribution, card, and remittance economics, though operating in Kazakhstan rather than Tajikistan.

Broad incumbents

• Sberbank (Sber): Sber is Russia's dominant state-origin savings-turned-universal bank with the country's largest branch and card network. Comparable as a broad incumbent with state heritage, deposit guarantee, and universal retail/corporate banking — though operating at vastly greater scale and serving as a model for state savings banks across the former Soviet space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCTwTplRzwE2Ef8rHBFp6M5w
• Facebookfacebook.com/AMONATBANK.TJ
• Instagraminstagram.com/amonatbank.tj?igshid=10lm2curoenjn
• LinkedInlinkedin.com/company/state-savings-bank-of-tajikistan-amonatbank-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Amonatbonk