Dushanbe City Bank

Dushanbe City Bank (Tajik: ҶСП «Душанбе Сити Бонк»; Russian: ЗАО «Душанбе Сити Банк») is a commercial bank headquartered in Dushanbe, Tajikistan. It began operating in 2007 as a microcredit deposit organization (MDO) whose main activity was payment acceptance through its own Express Pay payment system. In June 2022 it received a banking licence from the National Bank of the Republic of Tajikistan and converted into a full commercial bank under the name Dushanbe City Bank, positioning itself as a next-generation digital bank. The bank describes itself as oriented toward a digital future and aiming for leadership in digital banking. Its retail offering includes debit and co-branded cards, the Express Card, children's cards, consumer loans, auto loans, mortgages, the "Dastras" instalment programme, money transfers, and mobile wallets. On the corporate side, DC Business provides settlement accounts in four currencies, SWIFT transfers, cash withdrawal, statements, bank guarantees, and foreign-exchange services. The bank also operates projects such as DC AVIA, DC LEASING and DC CARGO. Dushanbe City Bank runs a large physical and digital infrastructure across Tajikistan: more than 1,200 ATMs, over 2,325 self-service terminals, 3,149 POS terminals, more than 15,000 QR payment points, and 16 service centres. It reports more than 2.2 million bank card users and 2.8 million downloads of its mobile wallet. Its flagship digital product is DC Next, launched in 2020, alongside the earlier DC Wallet. The bank has also developed AI Secure, a facial-recognition biometric login system. Beyond banking, the bank has been active in sponsorship, supporting the IMMAF Asia Championships in 2022, the PLAS-Forum Digital Tajikistan in 2024 and 2025, Digital Fest 2024, the Dushanbe Invest Forum 2025, the AI NEXT FORUM 2025, and the Dushanbe football team. It has received recognition including Best Taxpayer of 2021 and the "Tajikistan's Favourite Brand 2023" award for innovation in entrepreneurship. The bank is led by Chairman of the Board Khurshed Nazarabdolovich Akdodov.

Dushanbe City Bank traces its origins to 2007, when the financial organization began operating as a microcredit deposit organization (MDO). Its primary activity was payment acceptance through its own Express Pay payment system, which completed its first online payment. In 2016 the organization developed its own automated banking system. In 2017 it established its own card processing centre and connected to the Korti Milli payment system. In July 2018 it received a licence from the National Bank of Tajikistan as a microcredit deposit organization under the name Dushanbe City, and launched its first mobile wallet, DC Wallet. In 2019 it began money transfers by phone number in cooperation with Sberbank. In 2020 it created a new corporate services direction, DC Business, and launched the DC Next mobile wallet in 2021. A major turning point came in June 2022. By decision of the Board of the National Bank of Tajikistan dated 9 June 2022, No. 68, the closed joint stock company Dushanbe City Bank was granted a licence to conduct banking operations in national currency and foreign currency. On 10 June 2022 the organization received National Bank of Tajikistan licence No. 0000301 and converted into ҶСП Dushanbe City Bank, continuing operations under a next-generation digital bank model. On 30 June 2022 it received certificate No. 064 confirming membership in the Deposit Insurance Fund for Individuals. In 2023 the bank launched lending products: consumer loans, auto leasing, auto loans, mortgages, and the Dastras instalment programme. In 2024 it began issuing international VISA cards. The bank has grown into a national digital platform serving individuals, companies and government organizations, with a wide payment infrastructure, terminal network, cards and mobile platforms, serving more than 2 million cardholders. It has implemented a number of state and infrastructure projects, including automation of energy accounting with Barqi Tojik, billing and digital service systems for Pamir Energy, water and sewerage accounting for Dushanbe Vodokanal and Khujand Vodokanal, the City Card transport platform in Dushanbe, Khujand and Bokhtar, digitalization of government services (Customs Service, Ministry of Finance, unified IMEI registry), and the NERU project for cashless payment of parking, electric vehicle charging and automatic traffic violation registration. The bank has 16 service centres, more than 1,200 ATMs, 2,325 self-service terminals, 3,149 POS terminals and 15,000 QR payment points. Its card clients number 2.2 million and mobile wallet downloads 2.8 million. The bank is led by Chairman of the Board Khurshed Nazarabdolovich Akdodov.

• 2024

  Begins issuing international VISA cards.

• 2023

  Launches lending products: consumer loans, auto leasing, auto loans, mortgages, and the Dastras instalment programme.

• 2022

  Receives official licence from the National Bank of Tajikistan to establish ҶСП Dushanbe City Bank.

• 2022

  Receives certificate No. 064 confirming membership in the Deposit Insurance Fund for Individuals.

• 2021

  Launches the DC Next mobile wallet.

• 2020

  Creates a new corporate services direction, DC Business.

• 2019

  Begins money transfers by phone number in cooperation with Sberbank.

• 2018

  Receives a licence from the National Bank of Tajikistan as a microcredit deposit organization under the name Dushanbe City; launches its first mobile wallet, DC Wallet.

• 2017

  Establishes its own card processing centre and connects to the Korti Milli payment system.

• 2016

  Develops its own automated banking system.

• 2007

  Organization begins operations as a microcredit deposit organization (MDO); develops the Express Pay payment system and completes its first online payment.

Digital-first commercial bank aiming for leadership in digital banking in Tajikistan.

• DC Next

  Flagship digital product launched in 2020, with more than 2.8 million downloads, over 2 million monthly transactions and cooperation with more than 500 companies.

• AI Secure

  Biometric facial-recognition login system using artificial intelligence algorithms that recognizes only a 'live face'.

• DC Business

  Corporate services direction offering financial and digital services to companies, individual entrepreneurs and government organizations.

• Express Pay

  The bank's own payment system, originally the core activity of the organization.

• DC Wallet

  First mobile wallet launched in 2018.

• Dastras

  Instalment programme launched in 2023, offering up to 6 months at 0%.

• Visa and Korti Milli cards

  International VISA cards issued from 2024, alongside national Korti Milli cards.

1. 1Dushanbe City Bank official websitedc.tj
2. 2Dushanbe City Bank - Aboutdc.tj
3. 3Dushanbe City Bank - Settlement Servicesdc.tj
4. 4Wikidata - Dushanbe City Bankwikidata.org
5. 5Wikipedia (Tajik) - Душанбе Сити Бонкtg.wikipedia.org