Charters of some state commercial banks approved in Turkmenistan
Ashgabat, Turkmenistan, Sept.21
By Huseyn Hasanov- Trend:
Turkmenistan's President Gurbanguly Berdimuhammadov has signed a decree to approve the charters of some state commercial banks.
Among these banks are the State Bank for Foreign Economic Affairs of Turkmenistan, State Commercial Bank Turkmenistan Turkmenbashi, State Commercial Bank Daikhanbank SCB, Presidentbank SCB and Halkbank SCB.
The document was signed in order to increase the investment activity of Turkmenistan's state commercial banks, to raise their capitalization level, improve the administrative management and operation of the internal control system in banks, and create broad opportunities to render various kinds of banking services to customers.
Moreover, the purpose is to further improve the activities of the country's state commercial banks and implement the state program of development of the banking system of Turkmenistan for 2011-2030.
Edited by CN