Freedom Bank received a banking license in Tajikistan
Author - Mansur Ismagulov
The Tech AI
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The subsidiary bank Freedom Kazakhstan has received a license to conduct banking activities in Tajikistan. The new entity is registered as a closed joint-stock company with a charter capital of 100 million somoni. Approval for the establishment of the company was obtained in April 2024, and the business plan and charter were approved by the shareholder "Freedom Finance."
Freedom Kazakhstan, a subsidiary bank, has received a license to conduct banking activities in Tajikistan.
Information about Freedom Bank's intention to enter the Tajik market appeared in early 2024, when the decision was made to create a subsidiary. The new entity will be registered as a closed joint-stock company with a charter capital of 100 million somoni. The approved business plan and draft charter were approved by the sole shareholder, "Freedom Finance," and the permission to establish the subsidiary was obtained in April 2024.
Source: forbes.kz
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