BAKU, Azerbaijan, April 14
By Jeila Aliyeva - Trend:
Shares of Turkmenistan’s Senagat Joint-Stock Commercial Bank are being sold, Trend reports with reference to Turkmenportal information portal.
The shares will be sold at an auction on April 21.
The bank is working on the organization of the securities market in Turkmenistan, Thus, Senagat became one of the founders of Ashgabat Stock Exchange Closed Joint-Stock Company.
The priority direction of the bank's development is to support domestic producers. Thus, the bank creates conditions for private enterprises and entrepreneurs engaged in filling commodity markets, creating new jobs.
Senagat received the title of "Best Bank of Turkmenistan" according to the Banker in 2015 and 2016.
In 2013, at the XXV International BID Convention held in Switzerland, the bank was awarded the "Century International Quality ERA" prize for quality, leadership, technology and innovation.
As it was reported earlier, the work is underway to introduce digital technologies into the Turkmenistan’s banking sector.
The introduction of digital technologies into the banking sector of the country will expand the range of banking services and the capabilities of the national payment system provided to customers, as well as increase the competitiveness of credit institutions.
In general, the country's financial sector is constantly expanding. In particular, mobile applications are being introduced to pay for various services and goods, the number of non-cash payments is increasing, and payment for goods and services is being implemented through banking terminals.
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