Turkmenistan discloses top banks by number of users of Mobile Banking services

Turkmenistan Materials 24 February 2023 09:56 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, February 24. Halkbank Joint-Stock Commercial Bank became the leader in the number of registered users of Mobile Banking services in Turkmenistan as of the beginning of February 2023, Trend reports with reference to the Central Bank of Turkmenistan.

Halkbank has 16,266 registered users of this service. In second place - is Turkmenistan State Commercial Bank (13,530 users), and in third - is Dayhanbank State Commercial Bank (12,118 users).

Halkbank mainly works with clients in the regions of Turkmenistan. Thus, most of the users are located in Mary (8,085 users) and Lebap (6,180 users) regions.

The table below shows the full rating of banks in Turkmenistan by the number of registered users of the Mobile Banking service as of 01.02.2023:

Bank: Number of registered users
Halkbank Joint-Stock Commercial Bank 16,266
Turkmenistan State Commercial Bank 13,530
Dayhanbank State Commercial Bank of Turkmenistan 12,118
Senagat Joint-Stock Commercial Bank 9,156
Turkmenbashi Joint-Stock Commercial Bank 8,986
Turkmen-Turkish Joint-Stock Commercial Bank 1,276
Rysgal Joint-Stock Commercial Bank 254
Total number of registered users 61,586

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, and payment methods are being offered through bank payment terminals. For example, over the past six months, the number of Mobile Banking service users in the country has increased from 55,558 to 61,586.