“Commerzbank” says it is ready to deepen partnership with Turkmenistan

“Commerzbank” says it is ready to deepen partnership with Turkmenistan

Topical issues of bilateral cooperation were discussed during a video meeting with the management of the German "Commerzbank" branch in the Grand Duchy of Luxembourg.

Representatives of the Ministry of Finance and economy, the Central Bank and the state Bank for foreign economic Affairs of Turkmenistan took part in the online negotiations.

The day before, President Gurbanguly Berdimuhamedov held a working meeting on the development of the national economy, during which the leader of the nation instructed the relevant leaders to strengthen cooperation with reputable international financial organizations in order to study best practices.

As noted, the financial circles of Germany and Europe highly appreciate the effective measures taken to strengthen the national financial and banking system. This allowed our country to maintain stability and high rates of social and economic growth in a difficult time for the world economy.

In this regard, representatives of the second largest Bank in Germany discussed the prospects for cooperation with their Turkmen colleagues, taking into account macroeconomic reforms and successfully implemented large-scale transformation programs.

Underlining the significant role of Turkmenistan in the sustainable development of the Central Asian region, specialists of the largest banking concern in Europe declared their readiness to deepen partnership with Commerzbank in order to further advance Turkmenistan on the path of progress, the state news Agency of Turkmenistan reports.


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