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Turkmenistan discloses ranking of banks by largest number of cards issued

Turkmenistan Materials 15 May 2023 20:30 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, May 15. Turkmenistan’s Dayhanbank State Commercial Bank has become the local leader in terms of the volume of issued plastic cards, Trend reports with reference to the Central Bank of Turkmenistan.

As of the beginning of May 2023, Dayhanbank has issued more than 1.87 million plastic cards.

Turkmenistan State Commercial ranked second with more than 1.02 million cards, with Halkbank Joint-Stock Commercial Bank closing the Top 3 with more than 622,805 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 the Mary region (555,807), Dashoguz (462,128) and Lebap (420,145) 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, 480,308 cards and 226,224 cards, respectively.

Full ranking of banks in Turkmenistan by the volume of issued plastic cards as of 01.05.2023:

Bank: Number of cards
Dayhanbank State Commercial Bank of Turkmenistan 1,874,344
Turkmenistan State Commercial Bank 1,028,114
Halkbank Joint-Stock Commercial Bank 622,805
Turkmenbashi Joint-Stock Commercial Bank 573,197
State Bank for Foreign Economic Affairs of Turkmenistan 485,957
Senagat Joint-Stock Commercial Bank 420,430
Rysgal Joint-Stock Commercial Bank 168,487
Turkmen-Turkish Joint-Stock Commercial Bank 114,091
Total number of cards 5,287,425
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