Tajik central bank launches consumer protection push

tajik-somoni-national-bank-of-tajikistan
One Tajik somoni, depicting the National Bank of Tajikistan

The National Bank of Tajikistan (NBT) unveiled new initiatives on December 2 that it hopes will improve consumer protection in the finance industry.

Setting out a strategic plan for 2017–21, the central bank pointed to a range of outstanding issues in the area, from lack of transparency to the need for improvements to the institutional framework, such as the creation of a financial ombudsman.

The plan covers four main elements: establishing the appropriate regulation; improving supervision;

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