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Turkmenistan publishes ranking of banks by largest number of Internet Banking service users

Turkmenistan Materials 18 May 2023 16:55 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, May 18. Dayhanbank State Commercial Bank became the leader for the number of registered Internet Banking users in Turkmenistan as of the beginning of May 2023, Trend reports with reference to the Central Bank of Turkmenistan.

Dayhanbank has 359,255 registered users of this service, followed by Turkmenistan State Commercial Bank (315,968 users), and Turkmenbashi Joint-Stock Commercial Bank (169,745 users).

Dayhanbank mainly works with clients in the regions of Turkmenistan. Thus, most of the users are located in Mary (142,761 users), Lebap (80,653 users), and Dashoguz (57,959 users) regions.

The table below shows the full rating of banks in Turkmenistan by the number of registered users of the Internet Banking service as of 01.05.2023:

Bank: Number of registered users
Dayhanbank State Commercial Bank of Turkmenistan 359,255
Turkmenistan State Commercial Bank 315,968
Turkmenbashi Joint-Stock Commercial Bank 169,745
Halkbank Joint-Stock Commercial Bank 75,459
Senagat Joint-Stock Commercial Bank 39,534
Turkmen-Turkish Joint-Stock Commercial Bank 9,817
Rysgal Joint-Stock Commercial Bank 4,531
Total number of registered users 974,309

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 Internet Banking service users in the country has increased from 910,716 to 974,309.

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