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Turkmenistan reveals its top banks by issued cards

BAKU, Azerbaijan, October 2. State-owned
commercial bank Dayhanbank has become the market leader in terms of
the number of active bank cards in Turkmenistan as of early
September 2024, Trend reports.
According to the Central Bank of Turkmenistan (CBT), Dayhanbank
has issued more than 2.05 million bank cards.
The second place in terms of active bank cards is occupied by
the state commercial bank "Turkmenistan" with the number of over
1.12 million issued cards. Third on the list is "Halkbank" with
706,144 cards.
The majority of bank cards are concentrated in the Ashgabat
region - more than 1.95 million. Mary and Lebap occupy the second
and third places with 1.05 million and 963,355 bank cards,
respectively.



Ranking of banks of Turkmenistan by the number of issued bank
cards as of September 1, 2024:



Banks
Number of cards


Dayhanbank State Commercial Bank of Turkmenistan
2,051,458


Turkmenistan State Commercial Bank
1,122,688


Halkbank Joint-Stock Commercial Bank
706,144


Turkmenbashi Joint-Stock Commercial Bank
648,501


The State Bank for Foreign Economic Affairs of
Turkmenistan
491,174


Senagat Joint-Stock Commercial Bank
485,358


Rysgal Joint-Stock Commercial Bank
188,960


Turkmen-Turkish Joint-Stock Commercial Bank
129,407


Total
5,823,690



To note, the Central Bank of Turkmenistan is the major financial
institution of the country and is responsible for issuing the
national currency, regulating monetary policy, and controlling
foreign exchange operations. Founded in 1991, the bank is actively
involved in the implementation of the state financial strategy,
managing the money supply, and ensuring the stability of the
country's payment system.

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