Skip to main content

BankPozitif’s Erkan Kork: "2024 will be a year of accelerated capital flows”

ISTANBUL - (ARAB NEWSWIRE) - Erkan Kork, Chairman of the Board of BankPozitif, commented on the achievements of 2023 and the expectations for 2024. Kork stated that 2023 was a dynamic year for Turkey, and despite negative developments both domestically and globally, the Turkish      banking sector continued to support the real sector, financing production and exports.

"The Turkish banking sector has a solid structure"

Emphasizing the new era entered after the earthquake disaster at the beginning of the year and the prolonged election process, Erkan Kork said, "While the start of the Turkey Century is marked post-election, the Turkish banking sector has become an important pillar of stability for the Turkish economy with its solid and trustworthy structure. We are talking about a sector in very good condition in terms of asset quality, capital structure, and liquidity sufficiency. I believe we will clearly see the impact of the steps taken in 2024. In the new period, with the slowing down of inflation rate, increased demand for TL assets, and significant improvements in leading indicators, I expect confidence in the economy to increase further and the recent capital inflows to accelerate."

"There could be significant capital flows from Europe"

Kork anticipates increased European capital inflows into Turkey by 2024, following President Erdoğan's Middle East visits. He predicts European investments in Turkey will grow, especially through mergers and acquisitions.

"Ongoing Support for the Real Sector in 2024"

Erkan Kork highlights the Turkish banking sector's growth, with assets reaching 21.8 trillion TL. BankPozitif, outperforming in the sector, plans to continue its strong support for the real sector, contributing significantly to Turkey's economic growth in 2024.

"We will continue to enhance our services with innovative technologies"

Highlighting that the majority of banking transactions are now conducted through digital channels, Erkan Kork, Chairman of the Board of BankPozitif, said, "Banks, which once competed to open branches, are now calculating how to reduce them. Since our establishment, we have preferred to be a new generation bank that minimizes traditional channels, sparing our customers the hassle of visiting a bank branch amidst their busy lives. In 2024, we will continue to develop our services with innovative technologies, elevating the customer experience to the highest level with smart and exclusive content."

 

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

Popular posts from this blog

Ducab to Experience Big Lift in the Power Industry Automation with Accely’s SAP EHS Solution

DUBAI, UAE – ( ARAB NEWSWIRE ) - Accely , a global SAP Gold Partner connected with Tamer Hamed, CIO, Ducab , a power pioneer, to automate its operations and comply with the technologically advanced SAP EHS solution. In the last two decades, Nilesh Shah, CEO, Accely, and his team have empowered businesses across industries worldwide with automated SAP solutions . "It is an immensely great pleasure for Accely to be associated with Ducab, to facilitate the right SAP solution, and strengthen Ducab's system performance. With this SAP solution, it can cope at a faster pace with the changing EHS regulations for the power industry and meet diverse customer demands," said Nilesh Shah. There is an unexpected surge in demand for energy, and Ducab, a leading power firm, realized that this might lead to a decline in energy deliverables. For that reason, the company wanted an intelligent solution that could assist it in automating activities and managing them effectively. Accely...

Paula Scher’s First Foray Into Automotive Design: Why the Premium G Series Is the “Only Answer”

   Beijing, China — ( ARAB NEWSWIRE ) — In the high-end off-road world, truly capable vehicles rarely need lengthy introductions. Place them in any environment — their stance, proportions, and lines command attention. Presence becomes identity. That instinctive recognition is often the hallmark of a premium machine, and the G700 is steadily becoming exactly that. Design as Backbone: Crafting the Soul of the G700 What makes the G700 truly impressive isn’t just its GAIA all-terrain intelligent architecture or the brawny hybrid off-road capability. More than that, it reflects a long-term brand commitment that goes beyond hardware. It embeds cultural depth and aesthetic value into the product itself. And the collaboration with world-renowned designer Paula Scher is a defining move — signaling that the G Series is determined to forge a distinctive high-end visual identity through forward-looking design. What the Premium G Series pursues goes beyond building a great v...
  SOUEAST تكتسب ثقة المستخدمين في الشرق الأوسط من خلال التكيف المحلي     Beijing, China – (ARAB NEWSWIRE) يشهد سوق سيارات الدفع الرباعي في الشرق الأوسط طلباً متزايداً على المركبات العائلية الفسيحة والمريحة. ومع استمرار تطور تفضيلات المستهلكين، أصبحت التطبيق العملي، وراحة المقصورة، والتكنولوجيا الذكية عوامل شراء رئيسية. على هذه الخلفية، دخلت سيارة SOUEAST S08 DM مؤخراً أسواقاً تشمل الإمارات العربية المتحدة والمملكة العربية السعودية والعراق، وبنَت بسرعة وعياً قوياً بالعلامة التجارية وسمعة إيجابية بين المستخدمين المحليين. تم تصميم S08 DM كرفيقة للتنقل في المناطق الحضرية، مع ضبط لهيكلها ليناسب ظروف القيادة في الشرق الأوسط. تتزايد المناقشات والمراجعات عبر الإنترنت على منصات التواصل الاجتماعي، بما في ذلك Reddit، بشكل مطرد. أكمل العديد من المستهلكين قرارات الشراء بعد القيام بتجارب قيادة. علق أحد المالكين في الإمارات: “بعد تجربتي قيادة، قررت المضي قدماً في الشراء. الحزمة الكاملة تقدم قيمة أفضل مقارنة بالموديلات الأخرى في نفس النطاق السعري.” تسلط م...