Workshop on Deposit Insurance for DIF Member Institutions in Tajikistan

Dushanbe, April 1–2, 2025 – As part of the ongoing project to enhance the capacity of the Deposit and Savings Insurance Fund of Tajikistan (DIF), a workshop was held with the support of the Asian Development Bank (ADB). The initiative, aimed at strengthening the country’s financial stability framework, focuses on improving the deposit and savings insurance system and ensuring greater resilience in the banking sector.

The event brought together representatives from DIF member credit institutions, the National Bank of Tajikistan, and the DIF.

The workshop opened with remarks by Mr. Ko Sakamoto, Country Director of ADB, who highlighted the successful collaboration between ADB and the DIF and reaffirmed ADB’s commitment to supporting financial sector reforms in Tajikistan.

Following the opening, a delegation of ADB experts led by Mr. Sung Su Kim, Senior Financial Sector Specialist and Team Leader at ADB, delivered a comprehensive presentation. The delegation included Dr. Maciej Stern Sterzynski (ADB Consultant and Financial Sector Expert), Ms. Hanah Kim (Team Head, Korea Deposit Insurance Corporation), and Mr. B. Lee (Korea Deposit Insurance Corporation). Their presentations addressed key issues and international best practices in deposit insurance.

Mr. Manuchehr Asoev, Chairman of the DIF, also addressed the audience, providing an overview of the current state of the deposit and savings insurance system in Tajikistan. He acknowledged existing challenges and proposed his view for improving the system’s effectiveness and resilience.

During the two-day event, participants discussed a wide range of topics, including expanding deposit insurance coverage, enhancing the financial soundness of the Fund through improved investment strategies, adopting a risk-based monitoring system, and aligning DIF operations with international standards set by the International Association of Deposit Insurers (IADI).

The workshop concluded with an open dialogue among participants, who exchanged ideas and reaffirmed their commitment to continued cooperation in strengthening Tajikistan’s deposit insurance framework and financial stability architecture.