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Turkmenistan's Central Bank reports surge in mobile banking usage

Finance Materials 10 April 2024 23:12 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, April 10. A total of 72,176 users using mobile banking services were registered in Turkmenistan at the beginning of April 2024, Trend reports.

According to the Central Bank of Turkmenistan, these data indicate a noticeable increase of almost 14 percent compared to the same date last year, when 63,440 users were registered.

The highest number of registered users is observed in the Lebap region (18,745 users), Mary region (18,480 users), and Ashgabat city (14,749 users).

The Turkmenistan State Commercial Bank is the leader among banking institutions, with 17,919 registered users during the reporting period.

It is followed by the Halkbank Joint-Stock Commercial Bank with 17,000 users and closes the top three with the Dayhanbank State Commercial Bank with 14,672 users.

Meanwhile, Turkmenistan's dedication to strengthening its financial sector, especially in digital finance, is clear through its significant investments.

The incorporation of modern technologies promotes improved service accessibility and transaction efficiency and offers significant prospects for economic progress.

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