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Turkmenistan unveils data on amount of deposits attracted by banks

Turkmenistan Materials 1 April 2023 14:49 (UTC +04:00)
Turkmenistan unveils data on amount of deposits attracted by banks
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, April 1. The total volume of deposits attracted by banks of Turkmenistan in 2022 amounted to 872.64 billion Turkmen manats ($249.31 billion), Trend reports with reference to the Central Bank of Turkmenistan.

According to the information, the average interest rate on deposits in the specified period was 0.31 percent.

Out of the total volume of attracted deposits, bank deposits of legal entities last year amounted to 821.75 billion Turkmen manats ($234.77 billion), of which 21.86 billion Turkmen manats ($6.24 billion) were attracted in December alone.

Meanwhile, bank deposits of individuals in 2022 amounted to 50.89 billion Turkmen manats ($14.53 billion), of which 5.15 billion Turkmen manats ($1.47 million) were attracted in December.

The total volume of deposits attracted by banks of Turkmenistan in 2021 amounted to 188.89 billion Turkmen manats ($53.96 billion), with an average interest rate of 1.06 percent.

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