Turkmenistan’s Daykhanbank tops list of banks with number of issued cards

Finance Materials 5 June 2023 22:10 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, June 5. Turkmenistan’s Daykhanbank State Commercial Bank emerges as the top local leader in Turkmenistan in terms of the number of plastic cards issued, Trend reports.

Daykhanbank issued more than 1.87 million plastic cards as of the beginning of June 2023, which is 5.06 percent more than the figure for the same date last year (1.78 million cards).

Turkmenistan State Commercial took second place with more than 1.03 million cards, and the Halkbank Joint-Stock Commercial Bank closed the top three with more than 630,060 cards.

Meanwhile, Dayhanbank primarily serves clients in various regions of Turkmenistan, as per data from the Central Bank. Consequently, the majority of cards issued by the bank were allocated to customers in the Mary region (557,368), the Dashoguz region (463,484), and the Lebap region (420,615).

The remaining two leaders in the ranking, Turkmenistan State Commercial Bank and Halkbank Joint-Stock Commercial Bank, predominantly issued cards to residents of Ashgabat, with 480,737 cards and 228,746 cards respectively.

Full ranking of banks in Turkmenistan by the volume of issued plastic cards as of 01.06.2023:

Bank: Number of cards
Dayhanbank State Commercial Bank of Turkmenistan 1,878,547
Turkmenistan State Commercial Bank 1,033,140
Halkbank Joint-Stock Commercial Bank 630,060
Turkmenbashi Joint-Stock Commercial Bank 574,275
State Bank for Foreign Economic Affairs of Turkmenistan 485,108
Senagat Joint-Stock Commercial Bank 425,258
Rysgal Joint-Stock Commercial Bank 171,633
Turkmen-Turkish Joint-Stock Commercial Bank 115,944
Total number of cards 5,313,965