Amount of Turkmen Banks’ Loans in Manat Funds Revealed
As of April 1, 2021, the amount of loans issued by credit institutions of Turkmenistan to state-owned enterprises and organizations in national currency amounted to...
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Turkmen Private Sector Continues to Grow
In January-March 2021, the Turkmen private sector increased its production of plastic and fiberglass pipes 2.3 times compared to the first quarter of last year,...
Number of Economic Entities in Turkmenistan Increases by 44.3%
In January-March 2021, the number of registered new economic entities increased by 44.3% compared to the same period in 2020, the Union of Industrialists and...
Amount of Turkmen Citizens’ Bank Deposits Revealed
As of February 1, 2021, the total amount of deposits of citizens of Turkmenistan in credit institutions amounted to 28.697 billion manats, which is 11.3%...
Amount of Turkmen Banks’ Loans in National Currency Revealed
As of February 1, 2021, the amount of loans issued by credit institutions of Turkmenistan to state-owned enterprises and organizations in national currency amounted to...
Turkmen Foreign Economic Affairs Bank's Net Profit Rises 4.9%
The net profit of the State Bank for Foreign Economic Affairs of Turkmenistan increased by 4.9% in 2020. The bank’s equity capital increased by about...
Texas Freeze Leads to Global Plastics Shortage
The February freeze that triggered mass blackouts in Texas state of the U.S. led to chemical plant shutdowns that are disrupting global supply chains, causing...
Turkmenistan Sees Rise in Non-Cash Transactions
The total number of bank cards in Turkmenistan in January 2021 amounted to 4,459,800, and the number of payment terminals reached 39.2 thousand. This figures...
Construction Industry of Turkmenistan Achieves High Growth Results
The construction industry of Turkmenistan in recent years has recorded high growth results in many key indicators. The year 2020, which marked the establishment of...
US EIA Forecasts Global Oil Demand Growth For 2021
The U.S. Energy Information Administration (EIA) has raised its Brent and West Texas Intermediate (WTI) average price forecast for 2021, according to its latest short-term...
