The State Bank for Foreign Economic Affairs of Turkmenistan

 

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Last update: 15 October 2021

Turkmenistan, UAE Ink Documents in Investment, Logistics, Energy Sectors

President of Turkmenistan Gurbanguly Berdimuhamedov held talks with the Deputy Prime Minister and Minister of Presidential Affairs of the UAE Sheikh Mansour bin Zayed Al Nahyan at the headquarters of the Expo 2020 Dubai on Saturday. They attended a signing ceremony of several agreements and Memoranda of Understanding (MoUs) between the two countries in the economic, investment, logistics and energy sectors. Readmore

Turkmenistan will attract ITFC loan to finance promising projects

At a meeting of the Cabinet of Ministers of Turkmenistan , Deputy Prime Minister for Economic, Banking and International Financial Organizations Serdar Berdimuhamedov reported on attracting investments to finance promising projects. Readmore

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Islamic Corporation for the Development of the Private Sector (ICD) is a private sector arm of the Islamic Development Bank Group (IsDBG) with its 55 member countries provides access to fi­nancing and investment opportunities in some of the fastest growing economies and regions in the world. As one of the main product offerings for developing the private sector  Read more

Signing of the USD 10 Million Line of Financing Agreement between ICD and the State Bank for Foreign Economic Affairs of Turkmenistan

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB), inked a USD 10 Million Line of Financing agreement with the State Bank for Foreign Economic Affairs of Turkmenistan. Read more

State Bank for Foreign Economic Affairs of Turkmenistan will involve into the financing the purchase of Japanese technical equipment

In the upcoming days State Bank for Foreign Economic Affairs of Turkmenistan will involve into the financing «Toyota» automobiles and «Komatsu» excavator technical equipment, which will be purchased from the Japan. Read more

The international rating agency “Fitch Ratings” assigns Turkmenistan the long-term rating on the level “B+ stable”.

 

The international rating agency “Fitch Ratings” assigned the following ratings to Turkmenistan: short-term rating on the level “B” and the long-term rating on the level “B+ stable” which proves the stable development of the national economy of Turkmenistan.   The assignment to Turkmenistan of the following ratings will contribute to further intensification of external economic activity of the country and the expansion of its trade-economic ties with the other states.

 

ADFD allocates $100m for projects in Turkmenistan

Abu Dhabi Fund for Development (ADFD) has signed two agreements worth AED367 million ($100 million) with the Government of Turkmenistan. The first agreement includes the allocation of AED275 million towards the construction of an airport in Jebel in Balkan Region, whereas the second agreement aims to finance the development of a 10 megawatts hybrid power plant at a cost of AED92 million. Readmore

Regional Hub of Almaty explores on the potential areas  for enhancement of the cooperation with Turkmenistan

Ashgabat, Turkmenistan, 27-28 May 2021. The Islamic Development Bank’s (IsDB) Regional Hub of Almaty (RHA) conducted a series of virtual meetings with the IsDB’s Governor for Turkmenistan, Government Ministries, and Executing Agencies to overview the status of the current operations and to explore opportunities to expand the portfolio of operations in new areas that are priority to the Government of Turkmenistan. Readmore

ASHGABAT 140 YEARS Ashgabat – Center of Cultural life of the country

Turkmen capital, which marks its 140th anniversary, is a center of business and cultural life of the country, which likes to welcome the guests and celebrate holidays widely. Magnificent modern buildings of museums, theatres, libraries, cinemas and exhibition halls, open stages and other facilities are true adornment of Ashgabat. Reamore

The official Agent of the Government of Turkmenistan on international capital markets

The bank is established to develop and stregthen foreign economic relations and to protect currency interests of Turkmenistan as well as participants' of foreign economic activities

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Press releases

  • Turkmenistan, UAE Ink Documents in Investment, Logistics, Energy Sectors >

      President of Turkmenistan Gurbanguly Berdimuhamedov held talks with the Deputy Prime Minister and Minister of Presidential Affairs of the Read More
  • The extended meeting of the Cabinet of Ministers of Turkmenistan >

    08.10.2021 President Gurbanguly Berdymuhamedov has held the extended digital meeting of the Cabinet of Ministers in which the works carried Read More
  • The President of Turkmenistan participated in the jubilee celebrations in the International Akhal-Teke Equestrian Sports Complex >

    28.09.2021 Today in honour of the 30th anniversary of sacred independence of our Fatherland in the International Akhal-Teke Equestrian Sports Complex Read More
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