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Turkmenistan Unveils Rating of Banks by Variety of POS Terminals


Turkmenistan’s Dayhanbank State Commercial Bank has turn into the chief by way of most POS terminals throughout the nation, Trend reviews.

According to the Central Bank of Turkmenistan, Dayhanbank has 8,865 POS terminals as of the start of June 2023. Turkmenistan State Commercial Bank ranks second (8,122 terminals), adopted by Halkbank Joint-Stock Commercial Bank (7,868 terminals).

At the identical time, Dayhanbank POS terminals are situated primarily in the areas of Turkmenistan. Thus, many of the financial institution’s terminals are situated within the Lebap (2,511), Mary (1,874), and Dashoguz (1,761) areas.

The desk beneath reveals the total score of banks in Turkmenistan by the variety of POS terminals as of 01.08.2023:

Bank:Number of POS terminals
Dayhanbank State Commercial Bank of Turkmenistan8,865
Turkmenistan State Commercial Bank8,122
Halkbank Joint-Stock Commercial Bank7,868
Turkmenbashi Joint-Stock Commercial Bank5,579
Senagat Joint-Stock Commercial Bank4,617
Rysgal Joint-Stock Commercial Bank4,074
Turkmen-Turkish Joint-Stock Commercial Bank1,787
State Bank for Foreign Economic Affairs of Turkmenistan1,239
Total variety of POS terminals42,151

Turkmenistan’s monetary sector is consistently increasing. In explicit, cell purposes are being launched, in addition to the variety of transactions, ATMs and POS terminals is rising. For instance, over the previous six years, the variety of POS terminals within the nation has elevated from 14,848 to 42,131 items.

Source : BUSINESSLEND