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Turkmenistan discloses top banks by largest number of Internet Banking service users

Finance Materials 8 June 2023 20:30 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, June 8. Dayhanbank State Commercial Bank became the leader for the number of registered Internet Banking users in Turkmenistan as of the beginning of June 2023, Trend reports.

According to the central bank of Turkmenistan, Dayhanbank has 361,877 registered users of this service, followed by Turkmenistan State Commercial Bank (320,317 users), and Turkmenbashi Joint-Stock Commercial Bank (170,445 users).

Dayhanbank mainly works with clients in the regions of Turkmenistan. Thus, most of the users are located in Mary (143,691 users), Lebap (81,133 users), and Dashoguz (58,876 users) regions.

The table below shows the full rating of banks in Turkmenistan by the number of registered users of the Internet Banking service as of 01.06.2023:

Bank: Number of registered users
Dayhanbank State Commercial Bank of Turkmenistan 361,877
Turkmenistan State Commercial Bank 320,317
Turkmenbashi Joint-Stock Commercial Bank 170,445
Halkbank Joint-Stock Commercial Bank 75,835
Senagat Joint-Stock Commercial Bank 39,755
Turkmen-Turkish Joint-Stock Commercial Bank 10,957
Rysgal Joint-Stock Commercial Bank 4,531
Total number of registered users 983,717

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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