Turkmenistan names top banks for highest amount of cards issued

Turkmenistan Materials 6 May 2022 13:36 (UTC +04:00)
Turkmenistan names top banks for highest amount of cards issued
Khayal Khatamzadeh
Khayal Khatamzadeh
Read more

BAKU, Azerbaijan, May 6. Turkmenistan’s Dayhanbank State Commercial Bank has become the market leader in terms of the volume of issued plastic cards, Trend reports with reference to the Central Bank of Turkmenistan.

As of May 1, 2022, Dayhanbank issued more than 1.75 million plastic cards.

Turkmenistan State Commercial ranks second in this indicator with more than 962,100 cards, and the Halkbank Joint-Stock Commercial Bank closes the top-3 with more than 529,300 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 country. Thus, most of the cards issued by the bank were issued to customers in Mary region (515,200), Dashoguz (439,000) and Lebap (399,200) regions.

The other two leaders in the ranking, Turkmenistan State Commercial Bank and Halkbank Joint-Stock Commercial Bank issued most of the cards for holders living in Ashgabat, 455,300 cards and 196,600 cards, respectively.

The table below shows the full ranking of banks in Turkmenistan by the volume of issued plastic cards as of 01.05.2022:


Number of cards

Dayhanbank State Commercial Bank of Turkmenistan

Turkmenistan State Commercial Bank 962,190
State Bank for Foreign Economic Affairs of Turkmenistan 495,973
Turkmenbashi State Commercial Bank 527,779
Halkbank Joint-Stock Commercial Bank 529,360
Senagat Joint-Stock Commercial Bank 358,960
Rysgal State Commercial Bank 135,556
Turkmen-Turkish Joint-Stock Commercial Bank 103,328
Total number of cards 4,865,688