BankPozitif chairman shares an optimistic outlook for the New Year
Istanbul, Turkiye – (EuropeNewswire.Net) - Dr Erkan Kork, chairman of the board of directors of BankPozitif Credit and Development Bank, said: “Türkiye possesses significant potential in the financial sector. Our economy is strong and, with a determined management, is steadily advancing towards a bright future. I believe that major investments, especially in the FinTech sector, will continue in the coming year, concluding this year with record investments.”
Dr Erkan Kork provided an evaluation regarding 2025. He highlighted that, despite the challenges, the Turkish banking sector continued to support the real sector and finance investments in 2024: “We are leaving behind a year where we achieved the benefits of the new economic program, with significant reductions in the current account deficit, lower risk premiums, our exit from the grey list, the start of disinflation, record levels in the Central Bank of the Republic of Türkiye’s reserves, and upgrades from all rating agencies. It has been a year where we fulfilled our responsibilities as the Turkish banking sector, and our sector has reached a size of 30 trillion Turkish Liras. I believe that we will continue to remain in a strong position in the new year.”
“Our country attracted $8.5 billion in investments in 10 months”
Dr Kork mentioned that a significant flow of capital into Türkiye might occur in the new year, adding: President Recep Tayyip Erdoğan, during each of his overseas visits, presents the dynamics and advantages of the Turkish economy to foreign investors. We know that Minister of Treasury and Finance Mehmet Şimşek has made remarkable presentations to investors in the world’s major financial cities. Our country attracted investments worth $8.5 billion in 10 months. In the FinTech sector, we reached an all-time record with $191 million in investments. I believe that in 2025, we will exceed these figures.”
“We will focus on innovative products”
Dr Kork stated that they plan to strengthen digital infrastructure to make the banking experience more effective. “We produce solutions that meet the needs of all customers who cross paths with our bank from end to end. In the new era, we will focus on innovative products by expanding our investments in digitalization and innovation. We will continue our high-impact and beneficial investments without delay. We will continue our journey of creating value for our country. In summary, we will work with determination for a stronger Turkish economy and a stronger BankPozitif in 2025.”
About Bankpozitif
Operating in the field of digital banking, Bankpozitif is a Turkey-based financial institution that enables individuals and businesses to carry out their financial transactions quickly and efficiently through a single digital platform. The bank offers digital investment banking with personalized financial solutions and innovative technologies for its customers!
This press release is issued through EuropeNewswire.Net (www.europenewswire.net) and distributed by EmailWire (www.emailwire.com) – the global newswire that provide Press Release Distribution with Guaranteed Results™.
Register now to receive free email alerts of press releases or login to manage your preferences. You can also subscribe to RSS feeds of press releases by category or keyword here.
Sign up to receive press release alerts of your choice by email, or manage your subscription
Journalist enquiries to PRs.
Featured recruiter: click to view its vacancies
New digital journal covering inflation and rate setting seeks a talented writer with experience as a financial journalist to use data to produce specialist content
Subscribe to our newsletter for latest news, tips, jobs and more
End that deadline stress today and find help in our freelance directory
Personal trainer James Hilton has launched a podcast 'Jim's Gym - Inspiring Movement'. James, a specialist in biomechanics and injury recovery from the Cotswolds, runs Jim's Gym, a virtual online space supporting people over 55 to be more active
Our next Newsrewired conference will be in May 2025, London.
Conferences and study weeks are fantastic opportunities to get the latest updates on the industry and network with your peers
Awards are a great way to have your hard work recognised by industry experts and celebrate your teams. Here is where you can apply
If you find your social feeds a tad too heavy on men's voices, follow and connect with these fantastic women experts on indie media
How do you move print readers to digital? Are there other ways to hold on to subscribers besides a last-ditch deal?