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Number of internet banking service users in Turkmenistan disclosed

Turkmenistan Materials 15 October 2024 06:59 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, October 15. Almost 1.13 million internet banking users were registered in Turkmenistan from January through September 2024, Trend reports.

Calculations from the Central Bank of Turkmenistan (CBT) showed that this figure represents a 0.9 percent increase compared to the previous month, when over 1.1 million transactions were recorded.

Mary took lead in the number of internet banking users, with 254,976 individuals, followed by Lebap and Ashgabat with 248,907 and 248,091 users, respectively.

The "Dayhanbank" State Commerce Bank of Turkmenistan has emerged as the most attractive bank for internet banking services from January through September, with 410,606 registered users.

During this period, 79,249 people registered for mobile banking services, accounting for 7.02 percent of the total internet banking users.

The number of mobile banking clients has increased by 1.37 percent compared to the previous month.

In terms of the number of registered mobile banking users, Lebap (20,904) slightly outpaced Mary (19,344) and Ashgabat (16,676), ranking first among the three regions.

The most popular bank in the field of mobile banking for the specified period was "Turkmenistan" State Commerce Bank with 19,685 clients.

To note, the CBT is the country's main financial institution, responsible for issuing the national currency, regulating monetary policy, and overseeing foreign exchange operations. Founded in 1991, the bank actively participates in implementing the state financial strategy, managing the money supply, and ensuring the stability of the country's payment system.

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