Skip to main content

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!

###


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™.

 

Comments

Post a Comment

Popular posts from this blog

Accely Announces Appointment of Alok Bapna, Ex DXC/CSC Leader as President

Accely has appointed sales and new business development veteran Alok Bapna as its new President . DUBAI, UAE -- ( Arab Newswire ) -- At Accely, we will align his experience in the IT industry with our business goals to achieve new milestones. We look forward to utilizing his expertise in various areas so Accely can offer clients tailored and refined business solutions. Over the years, Accely has been recognized as a trustworthy SAP consulting service for its innovative solutions. With a new leader in the senior management, we can enrich our core services such as IT, enterprise application support, and consulting services. As a result of Alok's diverse experience, Accely can expand into wholesale, retail, consumer goods, life sciences, engineering and construction, and manufacturing markets. Alok's approach to leadership will enhance Accely's ability to solve business problems and deliver high-quality results. His ability to address and resolve issues in the IT industry is ...
Post a Comment
Read more

SAP Inside Track Published Accely’s New Product Development and Recent Acquirements

DUBAI, UAE – ( ARAB NEWSWIRE ) -- Accely, an EMEA South Partner, has ventured into the intellectual property horizon by acquiring two pioneering companies and crafting a futuristic product line for these enterprises. Nilesh Shah, CEO, Accely, a leading SAP solution provider , and his team have assisted varied enterprises in automating operations and departments over the years. In recent years, the company saw a shift in market expectations and an increased demand for technical assistance. This insight was the much-needed impetus for Accely. They took this initiative to step into the intellectual property realm for the first time and introduce a new product line with the assistance of two firms that specialize in this space. Nilesh Shah, CEO, Accely Accelerated Products covers S/4 HANA ERP solutions for intelligent enterprises, while Activa Factor y specializes in Success Factors that improve project management methodologies and help businesses thrive. These specialists ensured that Ac...
Post a Comment
Read more

Dubai WoodShow to commence on March 5, featuring 682 local and international exhibitors

Dubai, UAE – ( ARAB NEWSWIRE ) -- The countdown has begun for the highly anticipated 20th Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), scheduled to take place from March 5-7, 2024, at the prestigious Dubai World Trade Centre, with participation from 682 exhibitors. As a flagship event in the wood industry calendar, Dubai WoodShow is part of the esteemed Global WoodShows series, recognized as the "leading platform for wood and woodworking machinery in the MENA region." Dubai WoodShow serves as a beacon for the wood industry, annually presenting the latest trends, innovations, and technologies in the global wood and woodworking machinery sector. Additionally, it serves as a platform for exchanging experiences, and knowledge among participants, exploring opportunities for collaboration and joint ventures, and attracting investments. In 2024, the exhibition will feature a remarkable exhibition, with exhibitors presenting the latest advancements...
Post a Comment
Read more