Turkmen Central Bank inks MoU with Germany’s SBFIC
Ashgabat, Turkmenistan, June 17
By Huseyn Hasanov – Trend:
A memorandum of understanding (MoU) was signed in Berlin between the Central Bank of Turkmenistan and German Savings Banks Foundation for International Cooperation (SBFIC), the Turkmen Dovlet Habarlary state news service said June 17.
The document is aimed at deepening the cooperation in strengthening of financial system and vocational training.
Cooperation with the Foundation started in 2012 when an SBFIC delegation paid its first visit to Turkmenistan.
Since its foundation in 1992, the SBFIC has supported financial institutions in various countries, as well as small and medium enterprises.