A new building of Rysgal commercial bank – Turkmenistan’s first bank created by private entrepreneurs – opened in Ashgabat.
The private credit organization created by entrepreneurs gives a new impetus to developing the private sector of the Turkmen economy.
In late March, the International Monetary Fund (IMF) said Turkmenistan needed to improve the business and regulatory environment to support the further development of the private sector. (Trend/Business World Magazine)
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