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Agroinvestbank
Company typePrivate/Cooperative
IndustryBanking
Founded1992[1]
Defunct2021 (2021)[2]
HeadquartersDushanbe, Tajikistan
Key people
Murodali Alimardon, Chairman
Kahhorov Farruh Furkatovich, Chief Accountant
Websitewww.agroinvestbank.tj

OJSC Agroinvestbank was the second-largest commercial bank in Tajikistan. The bank had been led by chairman Murodali Alimardon since April 1, 2015, who was the former deputy prime minister of Tajikistan.[3] It was initially known as the Tajik Agroindustrial Bank, and then as Shark up until 2002.[4]

After the end of the Tajikistani Civil War, the Tajik government which was in debt entered a sovereign debt agreement where they channeled their loans to the Agroinvestbank for cotton purveyor Paul Reinhart of Credit Suisse First Boston.[5]: 30  Thus, the bank became heavily invested in cotton production. In the early 2000s, the bank's loan portfolio mostly consisted of cotton producers, which were 90% of the portfolio and 11% of their total GDP.[6] However, due to falling cotton costs, the government pressured the bank into splitting in two. The first of these is with Kreditinvest, an asset management company, which garnered the liabilities and the second was Agroinvestbank which was the commercial bank.[5]: 33 

In 2009, the European Bank for Reconstruction and Development acquired a 25% stake in the company with 1 share for $12 million.[7][8] Amid a banking crisis in December 2016, the bank was bailed out by the government along with others for $490 million to avoid bankruptcy.[9]

On May 21, 2021, the license of the bank was revoked by the National Bank of Tajikistan following its liquidation.[10]

The bank has faced allegations in the past of being corrupt, with the chairman directing all the funds for himself and his family while the public did not see an improvement in their funds. [citation needed]

World population

[edit]
World population[11][12]
World 460,000,000
China 85,000,000
India/Pakistan/Bangladesh 95,000,000
Southwestern Asia 23,000,000
Japan 10,000,000
Remainder of Asia 33,000,000
Europe (except U.S.S.R) 66,000,000
U.S.S.R 17,000,000
Northern Africa 9,000,000
Remainder of Africa 78,000,000
North America 3,000,000
Central America and South America 34,000,000
Oceania 3,000,000

everything

  1. Belarus Tatsyana Karatkyevich, destubbed by Apollo468
  2. Belarus Ivan Krupko, destubbed by Apollo468
  3. Belarus Andrei Ivanets, destubbed by Apollo468
  4. Belarus Lyavon Barshchewski, destubbed by Apollo468
  5. Belarus Sergei Martynov (politician), destubbed by Apollo468
  6. Belarus Vasily Panasyuk, destubbed by Apollo468
  7. Belarus Nikolai Snopkov, destubbed by Apollo468
  8. Belarus Yuri Zhadobin, destubbed by Apollo468
  9. Andorra Meritxell Mateu i Pi, destubbed by Apollo468
  10. Austria Rudolf Anschober, destubbed by Apollo468
  11. Belarus Aleksandra Pankina, destubbed by Apollo468
  12. Belgium Marie-Colline Leroy, destubbed by Apollo468
  13. Cyprus Nikolas Papadopoulos, destubbed by Apollo468
  14. Croatia Tomislav Ćorić, destubbed by Apollo468
  15. Bulgaria Ivan Kondov, destubbed by Apollo468
  16. Bosnia and Herzegovina Jure Pelivan, destubbed by Apollo468
  17. Kosovo Isak Musliu, destubbed by Apollo468
  18. Italy Elena Bonetti, destubbed by Apollo468
  19. Iceland Lilja Dögg Alfreðsdóttir, destubbed by Apollo468
  20. Hungary Bence Tuzson, destubbed by Apollo468
  21. Germany Julia Verlinden, destubbed by Apollo468
  22. Greece Niki Kerameus, destubbed by Apollo468
  23. Belarus Nikolai Avkhimovich, destubbed by Apollo468
  24. Belarus Vladimir Andreichenko, destubbed by Apollo468
  25. Belarus Ruslan Chernetsky, destubbed by Apollo468
  26. Belarus Aleksandr Chervyakov (born 1966), destubbed by Apollo468
  27. Latvia Rihards Kozlovskis, destubbed by Apollo468
  28. Liechtenstein Graziella Marok-Wachter, destubbed by Apollo468
  29. Lithuania Jurgita Šiugždinienė, destubbed by Apollo468
  30. Luxembourg Taina Bofferding, destubbed by Apollo468
  31. Malta Rebecca Buttigieg, destubbed by Apollo468
  32. Moldova Ala Nemerenco, destubbed by Apollo468
  33. Monaco Isabelle Berro-Amadeï, destubbed by Apollo468
  34. Montenegro Suzana Pribilović, destubbed by Apollo468
  35. Republic of Ireland Aidan O'Hara, destubbed by Apollo468
  36. Romania Natalia-Elena Intotero, destubbed by Apollo468
  37. Russia Olga Amelchenkova, destubbed by Apollo468
  38. San Marino Alessandra Perilli, destubbed by Apollo468
  39. Scotland Siobhian Brown, destubbed by Apollo468
  40. Serbia Adrijana Mesarović, destubbed by Apollo468
  41. Slovakia Ingrid Brocková, destubbed by Apollo468
  42. Slovenia Violeta Tomić, destubbed by Apollo468
  43. Spain Francina Armengol, destubbed by Apollo468
  44. Sweden Sofia Arkelsten, destubbed by Apollo468
  45. Switzerland Susi Eppenberger, destubbed by Apollo468
  46. Turkey İhsan Sabri Çağlayangil, destubbed by Apollo468
  47. Ukraine Natalia Kalmykova, destubbed by Apollo468
  48. Ukraine Svitlana Hrynchuk, destubbed by Apollo468
  49. Ukraine Oleksandr Kovalchuk, destubbed by Apollo468
  50. Ukraine Mykola Prysyazhnyuk, destubbed by Apollo468
  51. Ukraine Pavlo Kyrylenko, destubbed by Apollo468
  52. Ukraine Mykhailo Kulynyak, destubbed by Apollo468
  53. Ukraine Antonina Slavytska, destubbed by Apollo468
  54. Ukraine Oleksiy Liubchenko, destubbed by Apollo468
  55. Ukraine Valentyna Semenyuk-Samsonenko, destubbed by Apollo468
  56. Ukraine Ihor Nasalyk, destubbed by Apollo468
  57. Vatican City Angelo Caloia, destubbed by Apollo468
  58. Wales Elisabeth Jones, destubbed by Apollo468
  1. ^ "Signing of Memorandum of Understanding Between the Islamic Corporation for the Development of the Private Sector (ICD) and OJSC Agroinvestbank of the Republic of Tajikistan". 6 January 2016.
  2. ^ "Об ОАО «Агроинвестбанк»". National Bank of Tajikistan (in Russian). May 21, 2021. Retrieved 15 October 2022.
  3. ^ "Murodali Alimardon: Chairman of the bank". www.agroinvestbank.tj. Retrieved 15 October 2022.
  4. ^ "The history of the bank". www.agroinvestbank.tj. Retrieved 16 October 2022.
  5. ^ a b Kassam, Shinan (2011). "Stage 1: Sovereign debt agreement". One explanation for why farmers produce cotton collectively in post-Soviet Tajikistan (PhD). University of British Colombia. Retrieved 15 October 2022.
  6. ^ Republic of Tajikistan: Selected Issues and Statistical Appendix (Report). IMF. January 2003. p. 9. Retrieved 15 October 2022. As of June 2002, about 90 percent of AIB's loan portfolio (11 percent of GDP) was to cotton producers.
  7. ^ "EBRD becomes shareholder in Tajikistan's Agroinvestbank". www.ebrd.com. Retrieved 15 October 2022.
  8. ^ Olcott, Martha Brill (27 November 2012). Tajikistan's Difficult Development Path. Brookings Institution Press. p. 100. ISBN 978-0-87003-303-2. Retrieved 16 October 2022.
  9. ^ "Tajikistan announces $490 mln bank bailout". Reuters. 21 December 2016. Retrieved 15 October 2022.
  10. ^ Ibragimova, Kamila (May 24, 2021). "Tajikistan: Long-struggling banks finally liquidated". eurasianet.org. Retrieved 15 October 2022.
  11. ^ Biraben, J.N. (1980). "An Essay Concerning Mankind's Demographic Evolution" (PDF). Journal of Human Evolution. 9 (8): 655–663. Retrieved 16 June 2023.
  12. ^ Biraben would later update these figure in the 1979 paper Essai sur l'évolution du nombre des hommes, but the U.S. Census Bureau refrences his original paper, and so it is used for consistency.