The State Bank for Foreign Economic Affairs of Turkmenistan


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Last update:  24 January 2022

Three ships for Turkmen fleet funded by IBRD and OPEC Foundation

Three naval vessels will be built for the Turkmen fleet through loans from the Islamic Development Bank and the OPEC International Development Fund. Deputy Prime Minister Serdar Berdymukhamedov reported on the financing of these projects at a meeting of the Cabinet of Ministers on Friday. Approving the proposals, the President of Turkmenistan signed the documents, according to which Development and Foreign Economic Bank of Turkmenistan will conclude an agreement with the IBRD and the OPEC Fund to finance the construction of two Ro-Ro vessels (for freight and passenger shipments) and one ship. The agreements will also include the operation of these vessels after their commissioning.

Islamic Development Bank approved a financing for Maritime Transport Development Project

The Board of Executive Directors of the Islamic Development Bank (IsDB) approved, in its 343rd meeting held on 18 December 2021, allocation of $90,15 million financing for the Maritime Transport Development Project in Turkmenistan. Readmore

Session of the Cabinet of Ministers of Turkmenistan

President Gurbanguly Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system to consider some issues of the internal and foreign policy of an independent neutral state aimed at ensuring a prosperous and happy life of the people, as well as drafts of a number of documents. Read more

ITFC and Turkmenistan signed a $ 150 million framework agreement

The International Islamic Trade Finance Corporation (ITFC) has signed a $ 150 million three-year Framework Agreement with the government of Turkmenistan. The document was signed on December 22 by Chief Executive Officer of ITFC Hani Salem Sonbol and Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan and Executive of the Islamic Development Bank from Turkmenistan Rakhimberdi Dzhepbarov.Read more

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

+993 (12) 40-64-19 (09:00 - 18:00)

+993 (12) 40-64-20 (09:00 - 18:00)

+993 (12) 40-64-30 (09:00 - 18:00)

+993 (12) 40-60-08 (Round the clock)


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Press releases

  • The visit of the Government delegation of Turkmenistan to Uzbekistan >

    18.01.2022 On January 17, 2022, in accordance with the instructions of the President of Turkmenistan, a working visit of the Read More
  • 54 transactions registered at SCRMET >

    17.01.2022 For foreign currency, entrepreneurs from the United Arab Emirates, Switzerland, Turkey, Afghanistan, Uzbekistan, Tajikistan, Malta purchased low-sulphur fuel oil, Read More
  • Upward growth of Turkmenistan’s creative and peace-making potential– a pivot of achieving the Sustainable Development Goals >

    16.01.2022 Taking the road of drastic progressive changes, Turkmenistan, day by day, enriches the chronicle of the contemporary epoch of Read More
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