ASHGABAT, Turkmenistan, March 23. Outstanding
loans extended by Turkmenistan’s credit institutions to private
sector totaled 20.2 billion manats ($5.8 billion) as of February 1,
2026, up from 14.8 billion manats ($4.2 billion) a year earlier,
showing an increase of 36.4%,
Trend reports via the Central Bank of Turkmenistan.
To put it in perspective, the total amount of loans extended by
Turkmen banks to state institutions and enterprises reached 18.8
billion manats ($5.4 billion) as of January 1, 2026. This
represents a rise of 27.6% from 14.8 billion manats ($4.2 billion)
as of January 1, 2025.
The Central Bank of Turkmenistan, established in 1991, continues
to control the national financial system and disseminate extensive
banking statistics, providing critical insights into sector
changes.
As of March 14, 2026, the official exchange rate set by the
Central Bank of Turkmenistan stands at 1 USD = 3.5 manats.
