17 Oct 2019 18:47

Turkmen leader binds 7 banks to finance Central Asian Shepherd Dog society

ASHGABAT. Oct 17 (Interfax) - Under a resolution of Turkmen President Gurbanguly Berdimuhamedow seven banks will take their share in creating the Turkmen Alabai society the purpose of which is to breed and farm the Central Asian Shepherd Dog (Alabai).

In line with the resolution the Central Bank, the State Development Bank, Daikhanbank commercial bank, Turkmenbashi commercial bank, Turkmenistan commercial bank, the State Bank for Foreign Economic Operations and Khalkbank commercial bank "are allowed to take part in the establishment of Turkmen Alabai society with each having a 12.5% share in the charter capital," the state news agency of Turkmenistan reports.

The size of the society's charter capital was not disclosed.

The Turkmen media report that a facility of Turkmen Alabai society for 40 adult dogs and 30 puppies was opened in mid-September in Ahal region near Ashgabat.

The area contains an office building, a house for the personnel and a checkpoint. There are also auxiliary premises for feeding and bathing the dogs, refrigerator and storage rooms. Five buildings house the veterinary service. There are indoor premises for walking and training the dogs and a special venue with viewing stands for demonstration events.