As of January 1, 2024, Turkmen credit institutions allocated over 89.1 billion manats in loans to enterprises, organizations, and the population in the national currency, according to the electronic magazine Bank habarlary by the Central Bank of Turkmenistan. The loan balance witnessed an increase from the previous year, where it exceeded 88.9 billion manats as of January 1, 2023.
For government institutions and enterprises, the loan balances totaled 55.008 billion manats as of January 1, 2024, slightly down from the previous year's 57.689 billion manats.
As reported, the loan balances for Turkmenistan's private sector in national currency reached 12.287 billion manats as of January 1, 2024, marking a 1.1% increase from the previous year's 12.155 billion manats.
Loan balances for citizens and entrepreneurs engaged in entrepreneurial activities without forming a legal entity amounted to 21.807 billion manats as of January 1, 2024, indicating a significant 14.4% growth from the 2023 figure of 19.083 billion manats.
The total volume of non-cash circulation through bank cards in Turkmenistan surpassed 17.372 billion manats in the last year.
