1991 Founding of the company
2018 start of cooperation with Colvir Software Solutions

With a rich history and many years of experience, Halkbank is one of the most respected banks in Turkmenistan, providing the population with high-quality banking services. Halkbank serves various categories of citizens, cooperates with enterprises of different forms of ownership, and works with private entrepreneurs.

COLVIR PRODUCTS
The bank uses more than 30 modules of the Colvir banking system.
Core Banking System
A modern platform for efficiently running a banking business with a wide range of functional modules.
Colvir ERP
Colvir ERP takes control of procurement costs and leads to a reduction in administrative and operational expenses.
Internet Banking
With the implementation of the Internet Bank, the workflow is simplified not only for the client but also for the bank employee.
The Colvir Software Solutions product "Internet Bank for Business" is well-known and in demand among clients. In September 2022, the solution was implemented at AKB Halkbank.
By implementing the IBLE, the Bank set an overarching goal of creating convenience for its clients—both individuals and entrepreneurs and organizations. Among the improvements are: ease of use, time savings when processing payments, minimizing the need for branch visits, making various payments directly from the current account at the lowest cost, creating templates, full control over accounts and transactions, printing statements and executed payments, and sending any type of documentation to the bank.
Italmazov Shohrat Hemragulyevich
Deputy Chairman of the Management Board of AKB Turkmenistan "Halkbank"

With the implementation of IBLE, the workflow is simplified not only for the client but also for the bank employee. There is no longer a need to spend a lot of time processing payments. The bank employee only needs to double-check the online payment itself and, if correctly completed, execute the "confirm" operation. If additional documents are required to verify a payment, the bank employee can contact the client by creating a corresponding online letter in the CBS and sending it to the client's personal account. IBLE is simple, convenient, instantaneous, and high-quality.

For us, joint projects with the Halkbank team are always a great honor and pleasure. The bank is characterized by its professional staff, open and friendly communication, and inspiring commitment to development and providing clients with the best services. It was precisely the demand from Halkbank's clients for modern digital financial products that led to the choice of Colvir's 'Internet Bank for Business' solution. Our full-featured remote banking service for legal entities allows clients to quickly and conveniently perform most of the operations they need without visiting the bank in person and at a time that suits them. Our company is pleased to have the opportunity to help Halkbank in transforming and improving the technological landscape of Turkmenistan's financial market for the benefit of the bank's clients.
Gleb Semyonov
Account Manager at Colvir Software Solutions

The launch of the Internet Bank for Business from Colvir is encouraging Halkbank to rethink its strategies in e-commerce. The use of internet banking leads to cost reduction and increased profitability. Halkbank views IBLE as a way to retain existing clients and attract new ones. The bank will also be able to provide online banking services with operating costs much lower than traditional brick-and-mortar banking offices. IBLE enables a kind of dialogue with the client—on one hand, allowing the bank to assess the effectiveness of its activities, and on the other hand, enabling it to give due attention to the client at minimal expense.

Our joint collaboration has been ongoing for more than five years, and throughout this time there has not been a single case that would make us doubt the professionalism and integrity of the Colvir team. Thanks to the prompt resolution of all set tasks, we were able to complete the project on time. The product implementation was completed successfully and has become a worthy example of quality and professionalism. We wish the entire friendly Colvir team success in their professional endeavors and prosperity. We thank you for the services provided and the partnership.
Italmazov Shohrat Hemraguliyevich
Deputy Chairman of the Management Board of AKB Turkmenistan "Halkbank"
  • Respect and trust of customers is the main measure of success of Colvir Software Solutions

COLVIR VICTORIES
Colvir's success goes hand in hand with client success.
  • Market Expertise

    Halkbank is among the 8 banks in Turkmenistan that have been successfully and efficiently running on the Colvir banking platform.
  • Cutting-Edge Products

    Colvir's clients are positioned to be the first to bring innovative and trustworthy services to the market.
  • Enduring Partnerships

    Colvir has been a reliable technology partner and vendor for the bank's development projects since 2018.
  • Sustained Growth

    With Colvir's new solutions, Halkbank delivers competitive products and state-of-the-art services across Turkmenistan.

We take pride in guiding Halkbank toward the future of banking, boosting its competitiveness and operational efficiency.

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