Number of Turkmen bank cards rises 5.6% year-on-year as of August 2026

BAKU, Azerbaijan, September 1. The
number of active bank cards in circulation in Turkmenistan
increased by 5.6% over the past year.

This was calculated by Trend based on data published by the Central
Bank of Turkmenistan.

According to the Central Bank, the total reached
6,578,780 cards as of August 1, 2026, compared with 6,230,075 cards
a year earlier.

Trend
calculations based on official data show that Halkbank JSCB
recorded the largest increase, at 37.6%, with its card portfolio
expanding from 879,719 to 1,210,288 units.

At the same time, the Turkmen-Turkish JSCB followed
with a 9.3% increase.

Senagat JSCB, Turkmenbashi JSCB, Dayhanbank SCBT, and
Turkmenistan State Commercial Bank recorded increases of 5.9%,
4.7%, 3.2%, and 2.4%, respectively, Trend calculations show.

Meanwhile, Rysgal JSCB and the State Bank for Foreign
Economic Affairs recorded declines of 7.3% and 27.3%, respectively,
Trend calculations show.

Dayhanbank SCBT retained the largest share of the
market, with 2,210,084 cards in circulation, followed by Halkbank
JSCB with 1,210,288 cards and Turkmenistan State Commercial Bank
with 1,185,783 cards.

For reference, the Central Bank of Turkmenistan,
founded in 1991, oversees the country's banking operations and
monetary policy, including the regulation of the national Altyn
Asyr card payment system launched in 2001. Broader adoption of bank
cards gained momentum in the mid-2010s amid government efforts to
digitalize the economy, and Turkmen banks have since expanded
digital services such as Internet Banking, Mobile Banking, and
e-commerce payment platforms alongside the growing card
network.