Gojo & Company, Inc. (“Gojo”) is pleased to announce that its group company, Closed Joint Stock Company (CJSC) Humo Bank (“Humo Bank” or “the Bank”), formerly operating as CJSC Micro Credit Deposit Organisation (MDO) Humo (“Humo”) has received a banking license from the National Bank of Tajikistan as of July 2025.
Gojo made its first investment in Humo in 2021, recognising its strong social mission and leadership in Tajikistan’s microfinance sector. Since joining the Gojo Group, Humo has expanded its outreach and strengthened its technological capabilities. Founded 20 years ago with a team of just 15 people and a loan portfolio of TJS 225,000 (approximately USD 74,0001), Humo has since grown into one of the country’s largest financial institutions.
As of the time of receiving its banking license, Humo Bank has achieved the following milestones:
- Provides services through approximately 2,000 staff nationwide
- Serves over 370,000 clients across Tajikistan
- Has more than 120,000 active borrowers
- Manages a loan portfolio of around TJS 1.8 billion (approximately USD 180 million)
- Holds a deposit portfolio exceeding TJS 670 million (approximately USD 67 million)
“Receiving the banking license is a significant milestone in Humo’s journey. It empowers us to expand our services for SMEs (Small and Medium Enterprises) and corporate clients, offering instruments such as trade finance, letters of credit, and bank guarantees. The license enables us to collaborate with larger, international clients and secure more affordable financial resources, which in turn will help reduce interest rates for our borrowers. Additionally, it is expected to increase foreign currency inflows for treasury operations and create new commission income from transactional banking services. Most importantly, becoming a bank strengthens our credibility with clients and partners, and opens new opportunities to build correspondent relationships with global financial institutions. Humo will expand on financial inclusion across Tajikistan through offering various financial services to a wider client base at a lower cost, which is enabled with the banking license”, said Firdavs Mayunusov, Chairman of the Bank.
Together, Gojo and Humo Bank will continue its operations with a focus on financial inclusion, supporting a wide range of clients through various products, and driving the digital transformation of financial services in Tajikistan.
About CJSC Humo Bank
Humo is one of the leading financial institutions in Tajikistan, transformed from a microcredit deposit organisation into a fully licensed bank in 2025. With a strong presence across the country, they serve the rural population and SMEs. They offer individual and SME loans, deposit products, remittances, and digital channels. Humo has demonstrated their commitment to responsible finance and client protection by completing an SPI audit in March 2024.
About Gojo & Company
Gojo is a Tokyo-based holding company of inclusive financial service providers operating in 14 countries in South & Southeast Asia, Central Asia & the Caucasus, and Africa. Gojo was founded in 2014 to extend financial inclusion across the globe. Gojo Group, including major investees, is serving 3.4 million clients across the globe as of March 2025. Gojo has been a Certified B Corporation™ since January 2025, committed to the continuous improvement of its social and environmental performance.
- Exchange rate as of 1/1/2005, all other figures are based on rate as of 31/7/2025 ↩︎
