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Turkmenistan notes increase in issued bank cards countrywide

Turkmenistan Materials 9 February 2023 11:30 (UTC +04:00)
Turkmenistan notes increase in issued bank cards countrywide
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, February 9. The number of bank cards issued in Turkmenistan as of the beginning of February 2023 amounted to 5.2 million, which is slightly higher than at the beginning of January (5.17 million cards), Trend reports with reference to the Central Bank of Turkmenistan.

According to the bank, the largest number of cards was issued in the capital of the country - Ashgabat (1.78 million cards), followed by Mary (927,175 cards) and Lebap (854,348 cards) regions.

Dayhanbank State Commercial Bank issued the most cards - 1.86 million, followed by the Turkmenistan State Commercial Bank (over 1 million) and the Halkbank Joint-Stock Commercial Bank (596,081 cards).

Over the past four years, the number of cards issued in Turkmenistan has doubled.

The number of bank cards issued in Turkmenistan at the end of 2022 is 5.17 million, which is 8.3 percent higher than at the end of 2021 (4.77 million cards).

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, payment methods through bank terminals are being offered.

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