The shares of Halkbank and Senagat are now available for purchase during the trading at the Ashgabat Stock Exchange. Transformation of commercial banking structures into joint-stock companies of an open type will be another step towards improvement of the banking sphere of our state.
The decree that the Turkmen State Commercial Bank "Halkbank" should become an open joint stock company was signed by the Turkmen leader Gurbanguly Berdymukhamedov in mid-autumn 2020. This event is fully consistent with the goals and objectives of the State Program aimed at improving the country's financial sector. The activities in it are planned for the period up to 2030. The successful implementation of the Program will allow the formation of the securities market in Turkmenistan, as well as the overall improvement of the financial system.
During a working meeting of the Cabinet of Ministers, the head of the Ministry of Finance of Turkmenistan Muhammetgeldi Serdarov obliged to implement a set of measures to ensure the activities of the Ashgabat Stock Exchange JSC.
Source and photo: business.com.tm