ASHGABAT, Turkmenistan, March 24. Outstanding
loans issued by Turkmenistan’s credit institutions to citizens and
entrepreneurs operating without establishing a legal entity totaled
31.3 billion manats ($8.9 billion) as of February 1, 2026, up from
25.4 billion manats ($7.2 billion) a year earlier, showing an
increase of 23.6%, Trend reports via the Central Bank of
Turkmenistan.
To put it in perspective, loans extended to individuals and
entrepreneurs operating without forming a legal entity amounted to
25.3 billion manats ($7.2 billion) as of January 1, 2026, compared
with 31.4 billion manats ($8.9 billion) on January 1, 2025,
reflecting a 19.6% decrease.
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.
