IMON International has received a banking license from the National Bank of Tajikistan, marking a milestone in the organisation’s evolution since operations began in 2000. The license represents the natural progression for IMON International Bank, a part of the ALTERNATIVE securitisation fund, that has been operating in the Tajik financial market for 25 years, establishing itself as a trusted partner for micro, small, and medium-sized enterprises.
The banking license provides IMON International with expanded capabilities to serve its customers, including broadened product offerings and enhanced service quality, whilst maintaining the organisation’s core values of reliability and customer-centricity that have defined its success over two and a half decades.
For many years, IMON International Bank has developed direct lending services, improved service standards and established reliable relationships with customers across the country. The organisation has evolved alongside its customers and today enters a new phase with substantial experience, operational stability and proven financial responsibility. IMON International Bank’s operational scale reflects this growth, having disbursed roughly one loan every 30 seconds throughout its operations.
The transition to a licensed bank enables IMON International to introduce new financial solutions whilst reducing bureaucracy and enhancing efficiency. The organisation will continue serving entrepreneurs and businesses that require flexible financing solutions, with enhanced focus on supporting small and medium-sized enterprises alongside its established retail lending operations.
The banking license provides the regulatory framework for IMON International’s ambitious digitalisation agenda. For 2026, the company targets full digitalisation of all loans and enhanced support for enterprises, combining expanded product offerings with streamlined processes. The strategic focus centres on automation, with plans to provide 24/7 access to banking services via mobile app and achieve 70% automation of decision-making. This approach aims to reduce processing times and bureaucracy whilst ensuring human intervention creates real added value where it matters most – in supporting customers’ financial decisions and business growth.
IMON International Bank operates as part of ALTERNATIVE’s portfolio of companies providing services across emerging markets. The banking license represents significant progress for the portfolio company, reflecting both operational maturity and regulatory confidence in IMON International’s financial strength and governance standards.
Johannes Feist, CEO of MK Global Kapital, the management company of ALTERNATIVE, and Chaiperson of IMON International Bank’s Supervisory Board, says:
“IMON International’s banking license is a testament to 25 years of dedication, strong governance and unwavering commitment to serving customers. This milestone opens new opportunities for the organisation to expand its impact whilst maintaining the reliability and transparency that have defined its success. We are proud to support IMON International as it enters this new chapter of growth and development.”
As IMON International transitions to operating as a licensed bank, the organisation maintains its fundamental approach: serving as a reliable financial partner through transparent operations and supporting clients in important business and life decisions. The banking license, combined with digital transformation initiatives, enhances these capabilities whilst preserving the customer relationships and service quality that have been built over 25 years. The organisation’s extensive experience, strong team, expanded regulatory framework and commitment to digitalisation position IMON International for continued growth alongside its customers in Tajikistan’s evolving financial landscape.
About IMON International: IMON International is a Tajik financial services provider and part of ALTERNATIVE securitisation fund. Since 2000, the company has provided flexible financing solutions to enterprises across Tajikistan. With a banking license from the National Bank of Tajikistan, IMON International continues its mission to support entrepreneurs and businesses through reliable, transparent financial services.
About ALTERNATIVE portfolio companies: ALTERNATIVE portfolio companies connect investors with high-impact opportunities across emerging markets worldwide. By combining traditional alternative finance with blockchain innovation, ALTERNATIVE portfolio companies provide entrepreneurs with flexible financing solutions whilst offering investors visibility into their impact. ALTERNATIVE portfolio companies’ mission is to unlock potential, nurture entrepreneurial aspirations, and connect ambition with investment through innovative financial technology. For more information, please visit: www.mkglobalkapital.com. For media inquiries and interview opportunities, please contact [email protected].
