PremiumTurkmenistan records growth of users of Mobile Banking service

Finance Materials 25 July 2023 10:47 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, July 25. The number of registered users of Mobile Banking services in Turkmenistan at the beginning of July 2023 amounted to 65,588, which is slightly higher than at the beginning of June (64,901), Trend reports.

According to the Central Bank of Turkmenistan, the largest number of registered users of this service lives in Mary (16,937 users) and Lebap (16,921 users) regions, as well as in the city of Ashgabat (13,777 users).

Halkbank Joint-Stock Commercial Bank has the largest number of users in the reporting period: 16,644 registered users (in June, 16,595 users). Turkmenistan State Commercial Bank (14,966 users in June) and Dayhanbank State Commercial Bank (13,272 users in June) follow this indicator.

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 60,654 to 64,901.

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