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Central Bank of Turkmenistan’s names TOP-3 banks with largest number of issued cards

Turkmenistan Materials 7 April 2022 10:02 (UTC +04:00)
Central Bank of Turkmenistan’s names TOP-3 banks with largest number of issued cards
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, April 7. Turkmenistan’s Dayhanbank State Commercial Bank has become the market leader in terms of the volume of issued plastic cards, the Central Bank of Turkmenistan told Trend.

As of March 1, 2022, Daihanbank issued more than 1.7 million plastic cards.

Turkmenistan State Commercial ranks second in this indicator with more than 955,400 cards, and the Turkmenbashi Joint Stock Commercial Bank closes the top-3 with more than 520,300 cards.

At the same time, Dayhanbank, according to the data of the Central Bank of Turkmenistan, mainly works with clients in the regions of the republic. Thus, most of the cards issued by the bank were issued to customers in Mary region (509.700), Dashoguz (432.200) and Lebap (395.000) regions.

The other two leaders in the ranking, Turkmenistan State Commercial Bank and Turkmenbashi Bank issued most of the cards for holders living in Ashgabat, 452.300 cards and 185.800 cards, respectively.

The table below shows the full ranking of banks in Turkmenistan by the volume of issued plastic cards as of 01.03.2022:

Bank:

number of cards
Dayhanbank State Commercial Bank of Turkmenistan 1 732 535
Turkmenistan State Commercial Bank 955 402
State Bank for Foreign Economic Affairs of Turkmenistan 502 653
Turkmenbashi State Commercial Bank 520 399
Halkbank State Commercial Bank 515 255
Senagat Joint-Stock Commercial Bank 347 445
Rysgal State Commercial Bank 134 447
Turkmen-Turkish Joint-Stock Commercial Bank 101 230
Total number of cards 4 809 366
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