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BankPozitif’s Chairman Dr. Erkan Kork: “Our Economy is Advancing with Steady Steps Towards a Bright Future”

Istanbul, Turkiye – (ARAB NEWSWIRE) -- Dr. Erkan Kork, Chairman of the Board of Directors of BankPozitif Credit and Development Bank, stated, "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, saying, "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, saying, "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!

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This press release is issued through Arab Newswire (www.arabnewswire.com) – a newswire service for Arab World, Middle East and North Africa (MENA), and it is distributed by EmailWire™ (www.emailwire.com) – the global newswire service that provides Press release distribution with guaranteed results™.

 

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