---
title: "Turkmenistan: financial institutions, SWIFT/BIC codes and licences | Elucidate"
description: "12 institutions in Turkmenistan (as at 23 September 2026): 12 hold a SWIFT/BIC code and 0 do not."
url: https://elucidate.co/directory/country/tm
---

1.  [Directory](https://elucidate.co/directory)
2.  [Countries](https://elucidate.co/directory/country)
3.  Turkmenistan

Country · Europe & Central Asia

# Turkmenistan

Check who the institutions in Turkmenistan are: whether each holds a BIC, which register lists it and whether an LEI is mapped. No tracked register covers Turkmenistan, so every institution listed here holds a BIC.

12

Institutions

Active · inactive not published

12

Hold a BIC

100% of institutions

—

On a tracked register

Not covered by a tracked register

2

LEI mapped

17% of institutions

12

BIC codes

Head offices and 0 branch codes

### Turkmenistan at a glance

Every row is the same 12 institutions, split by one attribute

Type

-   Financial institution 12 · 100%

Identification

-   [BIC only](https://elucidate.co/directory/search?source=bic,noregister&cc=TM) 12 · 100%

Regulation level

-   [Not on a tracked register](https://elucidate.co/directory/search?reg=none&cc=TM) 12 · 100%

LEI

-   LEI mapped 2 · 17%
-   No LEI mapped 10 · 83%

View as table

| Attribute | Institutions | Share |
| --- | --- | --- |
| Type |
| Financial institution | 12 | 100% |
| Identification |
| BIC only | 12 | 100% |
| Regulation level |
| Not on a tracked register | 12 | 100% |
| LEI |
| LEI mapped | 2 | 17% |
| No LEI mapped | 10 | 83% |

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

BIC data as at 23 September 2026

[Institutions](https://elucidate.co/directory/country/tm#institutions) [Regulation](https://elucidate.co/directory/country/tm#registers) [Groups](https://elucidate.co/directory/country/tm#groups) [Payments](https://elucidate.co/directory/country/tm#payments) [BIC codes](https://elucidate.co/directory/country/tm#bics)

## Institutions in Turkmenistan

All 12 institutions in Turkmenistan, with or without a BIC: prudentially supervised and larger institutions first. No OFAC or EU listing cites an institution in Turkmenistan.

-   ['turkmenistan' State Commercial Bank of Turkmenistan BIC TNBKTM2X Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/turkmenistan-state-commercial-bank-of-turkmenistan-tnbktm2x)
-   [Central Bank of Turkmenistan BIC CBTUTM2A Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · LEI 2549009TLMPNYVEXBY60](https://elucidate.co/directory/central-bank-of-turkmenistan-cbtutm2a)
-   [Joint Stock Commercial Bank 'turkmenbashi' of Turkmenistan BIC INVATM2X Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/joint-stock-commercial-bank-turkmenbashi-of-turkmenistan-invatm2x)
-   [Joint Stock Commercial Bank of Turkmenistan 'halkbank' BIC HALKTM22 Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/joint-stock-commercial-bank-of-turkmenistan-halkbank-halktm22)
-   [Joint-Stock Commercial Bank 'senagat' BIC SENBTM22 Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/joint-stock-commercial-bank-senagat-senbtm22)
-   [Joint-Stock Commercial Bank Rysgal BIC RYSGTM2A Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/joint-stock-commercial-bank-rysgal-rysgtm2a)
-   [National Bank of Pakistan BIC NBPATM22 Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · LEI 391200B8N7KWZADUJM27](https://elucidate.co/directory/national-bank-of-pakistan-nbpatm22)
-   [Savings Bank of Turkmenistan BIC SATUTM21 Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/savings-bank-of-turkmenistan-satutm21)
-   [State Bank For Foreign Economic Affairs of Turkmenistan BIC SBFETM22 Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/state-bank-for-foreign-economic-affairs-of-turkmenistan-sbfetm22)
-   [State Commercial Bank 'garashsyzlyk ' BIC STCGTM21 Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/state-commercial-bank-garashsyzlyk-stcgtm21)
-   [The State Commercial Bank of Turkmenistan 'dayhanbank' BIC BDAYTM22 Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/the-state-commercial-bank-of-turkmenistan-dayhanbank-bdaytm22)
-   [Turkmen Turkish Joint Stock Commercial Bank BIC TUTCTM2X Financial institution Not on a tracked register Turkmenistan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/turkmen-turkish-joint-stock-commercial-bank-tutctm2x)

[Filter this list →](https://elucidate.co/directory/search?cc=TM)

## Regulation and supervision

None of the 22 tracked registers covers Turkmenistan. All 12 institutions listed here hold a BIC; firms licensed only by Turkmenistan’s national authorities are not listed.

## Groups and systemic importance

### Largest other groups

GLEIF consolidation groups, by legal entities (LEIs) in this country

| Group | LEIs here | LEIs in the group |
| --- | --- | --- |
| [National Bank of Pakistan](https://elucidate.co/directory/group/391200B8N7KWZADUJM27) | 1 | 2 |

## Payments and connectivity

Of the 12 institutions in Turkmenistan that hold a BIC, 41.7% are connected to Swift and 2 are Swift GPI members, as at 23 September 2026.

### Connection to Swift

Institutions that hold a BIC, by connection type in Swift’s directory

-   Connected to Swift5 · 41.7%
-   Reverse billing5 · 41.7%
-   Passive participant (no connection)2 · 16.7%

A BIC does not imply a connection to the Swift network.

### Payment schemes

Institutions that hold a BIC, reachable in each scheme

- **Swift GPI members:** 2 institutions

[See all 2 Swift GPI members →](https://elucidate.co/directory/search?cc=TM&flag=gpi)

## All BIC codes in Turkmenistan

Look up any of the 12 BIC codes registered in Turkmenistan: the head offices and branch codes of the 12 institutions here that hold a BIC, with their LEIs and flags.

[Download the list (JSON)](https://elucidate.co/data/banks/countries/TM.json)

## Other countries in Europe & Central Asia

The directory has pages for 59 other countries and territories in Europe & Central Asia.

[Albania](https://elucidate.co/directory/country/al) [Andorra](https://elucidate.co/directory/country/ad) [Armenia](https://elucidate.co/directory/country/am) [Austria](https://elucidate.co/directory/country/at) [Azerbaijan](https://elucidate.co/directory/country/az) [Belarus](https://elucidate.co/directory/country/by) [Belgium](https://elucidate.co/directory/country/be) [Bosnia & Herzegovina](https://elucidate.co/directory/country/ba) [Bulgaria](https://elucidate.co/directory/country/bg) [Croatia](https://elucidate.co/directory/country/hr) [Cyprus](https://elucidate.co/directory/country/cy) [Czechia](https://elucidate.co/directory/country/cz) [Denmark](https://elucidate.co/directory/country/dk) [Estonia](https://elucidate.co/directory/country/ee) [Faroe Islands](https://elucidate.co/directory/country/fo) [Finland](https://elucidate.co/directory/country/fi) [France](https://elucidate.co/directory/country/fr) [Georgia](https://elucidate.co/directory/country/ge) [Germany](https://elucidate.co/directory/country/de) [Gibraltar](https://elucidate.co/directory/country/gi) [Greece](https://elucidate.co/directory/country/gr) [Greenland](https://elucidate.co/directory/country/gl) [Guernsey](https://elucidate.co/directory/country/gg) [Hungary](https://elucidate.co/directory/country/hu) [Iceland](https://elucidate.co/directory/country/is) [Ireland](https://elucidate.co/directory/country/ie) [Isle of Man](https://elucidate.co/directory/country/im) [Italy](https://elucidate.co/directory/country/it) [Jersey](https://elucidate.co/directory/country/je) [Kazakhstan](https://elucidate.co/directory/country/kz) [Kosovo](https://elucidate.co/directory/country/xk) [Kyrgyzstan](https://elucidate.co/directory/country/kg) [Latvia](https://elucidate.co/directory/country/lv) [Liechtenstein](https://elucidate.co/directory/country/li) [Lithuania](https://elucidate.co/directory/country/lt) [Luxembourg](https://elucidate.co/directory/country/lu) [Moldova](https://elucidate.co/directory/country/md) [Monaco](https://elucidate.co/directory/country/mc) [Montenegro](https://elucidate.co/directory/country/me) [Netherlands](https://elucidate.co/directory/country/nl) [North Macedonia](https://elucidate.co/directory/country/mk) [Norway](https://elucidate.co/directory/country/no) [Poland](https://elucidate.co/directory/country/pl) [Portugal](https://elucidate.co/directory/country/pt) [Romania](https://elucidate.co/directory/country/ro) [Russia](https://elucidate.co/directory/country/ru) [San Marino](https://elucidate.co/directory/country/sm) [Serbia](https://elucidate.co/directory/country/rs) [Slovakia](https://elucidate.co/directory/country/sk) [Slovenia](https://elucidate.co/directory/country/si) [Spain](https://elucidate.co/directory/country/es) [Sweden](https://elucidate.co/directory/country/se) [Switzerland](https://elucidate.co/directory/country/ch) [Tajikistan](https://elucidate.co/directory/country/tj) [Türkiye](https://elucidate.co/directory/country/tr) [Ukraine](https://elucidate.co/directory/country/ua) [United Kingdom](https://elucidate.co/directory/country/gb) [Uzbekistan](https://elucidate.co/directory/country/uz) [Vatican City](https://elucidate.co/directory/country/va)

Sources & method

Each institution counts once, in one country: the BIC country when it holds a BIC, otherwise the country of the register that lists it. Licences in other countries are shown on its page.

Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists.

[Read the methodology →](https://elucidate.co/directory/methodology)

Sources for this page

-   **Swift ISO 9362 BIC directory**—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026
-   **GLEIF relationship records (Level 2)**—accounting consolidation as reported to GLEIF · [about Level 2 data ↗](https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom) as at 25 September 2026

## Assess the financial crime risk behind a counterparty

A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. [Read about the FinCrime Index](https://elucidate.co/ratings).

[Book a demo](https://elucidate.co/demo-request)

Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.