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2 clusters · 4 sources · 7 days · First seen · Last updated

Turkmenistan mobile banking growth

Overview

Between January and August 2026, mobile banking transaction volumes in Turkmenistan increased by 140.7% year-on-year, totaling 71.1 million manat (approximately $20.3 million).

Growth rates varied across financial institutions. Rysgal JSCB recorded the most significant surge, with transaction volumes rising by 632.5% compared to the same period in 2025. Other institutions reporting increases include the Turkmenistan State Commercial Bank (92.5%), the State Bank for Foreign Economic Affairs (82.7%), and the ‘Türkmenbaşy’ Joint-Stock Commercial Bank (19.7%).

In contrast, some banks experienced declines in mobile banking activity. Halkbank reported a 91.2% decrease, while the Turkmen-Turkish JSCB saw a 9.6% decline.

Entities

Central Bank of Turkmenistan · Turkmenistan · State Commercial Bank of Turkmenistan · State Foreign Economic Bank of Turkmenistan · Rysgal JSCB

Timeline

  1. [BUSINESS] 2 sources
    Turkmenistan mobile banking transactions surge by 140%

    Mobile banking transactions in Turkmenistan rose by 140.7% to 71.1 million manat in the first eight months of 2026, led by a 632.5% surge at Rysgal Bank.

  2. [BUSINESS] 2 sources
    Turkmenistan mobile banking transactions rise 140.7%

    Mobile banking transactions in Turkmenistan rose 140.7% year-on-year to $20.3 million between January and August 2026, led by massive growth at Rysgal JSCB.

Sources

dunya.com · en.trend.az · gorogly.com · trend.az