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Mary Hosts Forum Highlighting Achievements of Turkmenistan’s Banking System

01 Apr. 05:28

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A specialized exhibition and seminar titled "Achievements and Modern Opportunities of the Banking System During the Years of Independence" took place at the "Bagt köşgi" celebration center in Mary. Organized by the Central Bank of Turkmenistan, the event focused on showcasing innovative financial services, with a particular emphasis on digital banking solutions designed for the public. The forum served as a vital platform to demonstrate how the financial sector is evolving to meet international standards and local needs.

The event featured a diverse range of participants, including regional bank managers, entrepreneurs, leading agricultural workers, and high-achieving students. The exhibition part of the forum displayed large-scale industrial projects successfully funded by state banks, alongside traditional cultural exhibits. Guests were welcomed with traditional bread and salt, accompanied by musical performances that highlighted the cultural significance of the gathering.

A major highlight of the discussions was the announcement of more favorable credit terms for the population. Officials confirmed that the duration of personal loans has been extended from 3 years to 5 years. Furthermore, the interest rates have been significantly reduced from 12% to 7%. These updates are intended to provide greater financial flexibility for citizens and encourage local investment in various sectors of the economy.

The forum also emphasized the rapid expansion of digital banking, which has transformed the speed and accessibility of financial transactions across the country. By moving toward a more transparent and tech-driven model, banks in Turkmenistan are strengthening their partnership with clients. The successful event in Mary concluded with a shared vision of continued growth and modernization, ensuring that the banking system remains a cornerstone of the nation’s socio-economic development.

















Two-Time Lottery Winner Donates Prize Money to Children in Need

23 Aug. 15:28

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North Carolina resident Christian Breton has secured a major lottery payout for the second time. According to Lottery Post, he has decided to donate a portion of his winnings to support school-aged children from low-income families in his local community.

After purchasing a $30 "$100,000 Cash Payday" scratch-off ticket, Breton claimed the $100,000 top prize, taking home $72,000 after taxes. This marks his second major win, following a $2 million prize in August 2024. Breton shared that while his previous winnings went toward helping his mother, his goal this time is to give back to the community by supporting families in need.