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Turkmen banks provided a record volume of loans

14:3012.09.2022
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Turkmen banks provided a record volume of loans

As of August 1, 2022, the total amount of loans allocated by banks of Turkmenistan exceeded 84.916 billion manats, “Business Turkmenistan” with reference to Central Bank of Turkmenistan reports.

However, in 2021 total loan service volume was 73.212 billion manats.

According to the Central Bank data, loans given to the physical individuals amounted to 17.527 billion manats, which is 24.3 percent more compared to same period of last year.

The state institutions and enterprises received loans in the amount of 55.763 billion manats, which exceeds the relevant indicator for the same period of 2021 by 4.9 percent.

To non-state companies and organizations were given 11.626 billion manats, a 66.8 percent increase compared to the same period of las year (6.969 billion manats).

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