Ashgabat, Turkmenistan, May 16
By Huseyn Hasanov – Trend:
The Rysgal joint-stock commercial bank, established by private entrepreneurs of Turkmenistan in 2011, is one of the fastest growing banks in the country and makes a significant contribution to the development of the economy’s private sector, the Union of Industrialists and Entrepreneurs of Turkmenistan said in a message.
Representatives of the bank recently took part in the business forum held in Jordan within the framework of the meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD), which brought together heads of regional missions and representatives of major business of the EBRD member countries.
During the business meetings, there was shown interest in possibilities of investing funds and opening production facilities in Turkmenistan, as well as taxation issues and benefits provided to local commodity producers, the Union said.
At the annual meeting of the Board of Governors, the EBRD decided to recognize Rysgal bank as "The most active bank of Turkmenistan" In late 2017.