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Turkmenistan reveals its top banks by number of ATMs countrywide

Finance Materials 6 October 2023 10:00 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, October 6. Turkmenistan’s Dayhanbank State Commercial Bank secured the top position in the country for the amount of set up ATMs, Trend reports.

According to the Central Bank of Turkmenistan, Dayhanbank had 1,022 ATMs as of the beginning of September 2023.

Turkmenistan State Commercial Bank was second with 441 ATMs, while Turkmenbashi Joint-Stock Commercial Bank - third, with 356 ATMs.

The majority of Dayhanbank's ATMs are installed across various regions of Turkmenistan. Thus, most of the bank's ATMs are located in the Mary (275), Lebap (263), and Dashoguz (194) regions.

Turkmenistan State Commercial Bank and Dayhanbank have most of their ATMs located in Ashgabat (204 and 92, respectively).

Banks in Turkmenistan by the number of ATMs as of 01.09.2023:

Bank: ATMs
Dayhanbank State Commercial Bank of Turkmenistan 1,022
Turkmenistan State Commercial Bank 441
Turkmenbashi Joint-Stock Commercial Bank 356
Halkbank Joint-Stock Commercial Bank 144
Senagat Joint-Stock Commercial Bank 92
State Bank for Foreign Economic Affairs of Turkmenistan 50
Rysgal Joint-Stock Commercial Bank 20
Turkmen-Turkish Joint-Stock Commercial Bank 10
Total number of ATMs 2,135

Turkmenistan's financial sector is constantly expanding. In particular, mobile applications are being introduced, as well as the number of transactions, ATMs and terminals is increasing. For example, over the past six years, the number of ATMs in the country has increased from 1,886 to 2,139.

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