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

Popular posts from this blog

Hilton Dubai Palm Jumeirah and Edel & Stark Announce Long-Term Luxury Mobility Partnership

  Edel & Stark Dubai launches an on-property luxury car rental service to enhance guest experience at Hilton Dubai Palm Jumeirah. DUBAI, United Arab Emirates  — ( ARAB NEWSWIRE ) — E and S Luxury Car Rental LLC, the Dubai operation of the international luxury mobility provider Edel & Stark Group , has announced a long-term strategic partnership with Hilton Dubai Palm Jumeirah. The collaboration enables hotel guests to access premium vehicles directly on property, reinforcing both brands' commitment to elevated travel experiences in the region. As part of the initiative, Edel & Stark has opened a new on-site luxury car rental office within Hilton Dubai Palm Jumeirah . The company is also expanding its Dubai fleet to meet rising demand. With more than 30 high-end vehicles — including Ferrari, Lamborghini, Bentley, Porsche, Mercedes-Benz, and Rolls-Royce — the brand now provides a comprehensive selection of supercars, premium se...
الرياض تحتضن أكبر ملتقى صناعي سعودي – صيني: منتدى توطين الصناعات العالمية 2025… وإعلان شراكة استراتيجية بقيمة 17 مليار ريال RIYADH, Saudi Arabia ( ARAB NEWSWIRE ) -- شهدت العاصمة الرياض يوم الثلاثاء 25 نوفمبر 2025 حدثاً صناعياً غير مسبوق، تمثل في انعقاد منتدى توطين الصناعات العالمية 2025 في فندق الريتز كارلتون بالرياض، بمشاركة وفود رسمية ورجال أعمال من المملكة العربية السعودية وجمهورية الصين الشعبية، وبحضور قادة الصناعة والابتكار من مدينة دونغقوان، المدينة المعروفة عالمياً بلقب "مصنع العالم". ويأتي هذا الحدث الكبير تعزيزاً لمسار الشراكات الاقتصادية بين البلدين، وامتداداً لجهود توطين الصناعة، وفتح آفاق جديدة للاستثمار المشترك، ونقل التقنية، وتطوير سلاسل الإمداد بما يتوافق مع رؤية المملكة 2030. الافتتاح الرسمي… كلمة الحفل والسلام الملكي السعودي بدأ الحفل الرسمي باستقبال رفيع المستوى للوفود السعودية والصينية ورجال الأعمال، تقدمه مقدم الحفل الأستاذ محمد محنشي الذي افتتح الفعالية مرحباً بالحضور ومشيداً بأهمية هذا اللقاء في تعزيز التبادل الصناعي والتجا...

Russia and China Forge a New Pole of Energy Stability in Eurasia

 BEIJING, CHINA – ( ARAB NEWSWIRE ) -- The synthesis of Russian energy resources and Chinese technology is forming a new axis of the global economy, capable of withstanding external pressure and ensuring sustainable development. The key advantages of this strategic partnership are a significant reduction in dependence on the US dollar, competitive electricity prices, and colossal investments in the sector. Settlements between Russia and China have almost completely transitioned to national currencies. This creates financial independence for the partners.  Furthermore, electricity for industry in both countries costs more than twice cheaper than in the United States. Russia and China are key investors in the global energy sector, accounting for about one-third of all global investments. At the same time, the global oil and gas industry is suffering from underinvestment, which creates risks for global supplies. Russia, possessing a unique resource base valued a...