In 1989 October 18, Senagat commercial bank was established. Its founders are 22 founder shareholders. It is one of the first commercial banks established in Turkmenistan.
The main purpose of the bank was to promote the development of entrepreneurs and private enterprises engaged in commercial and industrial activities in Turkmenistan.
From that day on, the bank began to work on its own balance sheet, seal, liabilities, obligations, rights.
1989-njy ýylyň oktýabr aýynyň 20-ne "Senagat" täjirçilik bankynyň Tertipnamasy tassyklanyldy. October 20, 1989 the Charter of the Commercial Bank "Senagat" was approved.
After acquiring the status of independence of our country, on the basis of the decision of the meeting of founders dated November 11, 1991 and the decree of the Central Bank of Turkmenistan dated June 9, 1992 No. 3, the Commercial Bank "Senagat" became a joint stock company "Senagat". As a public joint stock company, the bank began to issue and place its securities - shares.
Currently, JSCB "Senagat" of Turkmenistan is an open joint stock company and operates in accordance with the legislation of Turkmenistan "On credit institutions and banking", "On joint stock companies" and other legislative acts and the Charter of the Bank.
The bank has 13 branches - 9 in the regional center, 2 in the city of Ashgabat, 2 in the city of Serdar and Turkmenbashi of the Balkan velayat and 1 in the city of Gubadag of the Dashoguz velayat. The bank serves over 371,000 clients, the main part of whom are individuals and private entrepreneurs.
Since the establishment of Joint-Stock Commercial Bank "Senagat" of Turkmenistan, 21 issues of ordinary shares have been issued in paper form, and all of them have been registered by the Ministry of Finance and Economy of Turkmenistan.
The number of shareholders who have bought shares is increasing every year. If in 1991 there were 22 shareholders, today the number of shareholders is 2 000.
Joint Stock Commercial Bank "Senagat" of Turkmenistan is to maximize the use of its own funds as a shareholder in the authorized capital of the following joint stock companies:
