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Turkmenistan notes growth of Internet Banking service users

Finance Materials 8 June 2023 20:00 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, June 6. There are 983,717 registered users in Turkmenistan as of the beginning of June 2023 of Internet banking services, which is 0.9 percent more than at the beginning of May (974,309 users), Trend reports.

According to the central bank of Turkmenistan, the largest number of registered users of this service lives in Mary (224,367 users) and Lebap (219,225 users) regions, as well as in the city of Ashgabat (205,770 users).

Dayhanbank has the largest number of users in the reporting period - 361,877 registered users. Turkmenistan State Commercial Bank (320,317 users) and Turkmenbashi Joint-Stock Commercial Bank (170,445 users) follow this indicator.

The Internet Banking application is used for non-cash replenishment of city and cell phones, IP-TV, and the Internet, as well as for paying loans and buying tickets for rail transport and intercity buses.

Turkmenistan's financial sector is constantly expanding. In particular, mobile applications are being introduced to pay for various services and goods, the number of transactions is increasing, and payment methods are being offered through bank payment terminals.

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