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Banking sector reorganization to start in Turkmenistan

Business Materials 10 July 2017 13:28 (UTC +04:00)
President of Turkmenistan Gurbanguly Berdimuhamedov signed a decree on reorganization of certain banks in the country.
Banking sector reorganization to start in Turkmenistan

Ashgabat, Turkmenistan, July 10

By Huseyn Hasanov– Trend:

President of Turkmenistan Gurbanguly Berdimuhamedov signed a decree on reorganization of certain banks in the country, the Turkmen government said in a message.

At a government meeting, the Turkmen president gave concrete instructions to the leadership of the country’s Central Bank.

Also, a decree was signed on the transfer of rights and obligations on the loans, issued to a number of ministries, to the country’s state commercial bank Halkbank.

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