Leading Banks in Turkmenistan Modernize Material and Technical Infrastructure

A new stage of technological modernization of Turkmenistan’s financial system has begun. On January 30, at a Cabinet of Ministers meeting held digitally, esteemed President Serdar Berdimuhamedow approved proposals to modernize the infrastructure of the country’s leading banks.

This work is being carried out within the framework of the “Concept for the Development of Digital Economy in Turkmenistan for 2026–2028.” Its main goal is to transform the banking system into a high-tech network. To implement the tasks derived from the Concept, work is underway to further improve the material and technical base of the Central Bank, the State Commercial Bank “Turkmenistan,” and the Joint-Stock Commercial Bank “Türkmenbaşy.”

The measures being taken are aimed at actively developing modern financial technologies, installing the latest information and communication systems, and making banking services faster and more accessible for the public and businesses.

The Head of State instructed Vice Prime Minister H. Geldimyradov to take the necessary measures for the further improvement of the material and technical infrastructure of these banks.