{"id":7082,"date":"2023-12-22T08:04:17","date_gmt":"2023-12-22T08:04:17","guid":{"rendered":"https:\/\/thegulfpress.com\/bankpozitifs-erkan-kork-2024-will-be-a-year-of-accelerated-capital-flows\/"},"modified":"2023-12-22T08:04:17","modified_gmt":"2023-12-22T08:04:17","slug":"bankpozitifs-erkan-kork-2024-will-be-a-year-of-accelerated-capital-flows","status":"publish","type":"post","link":"https:\/\/thegulfpress.com\/en\/bankpozitifs-erkan-kork-2024-will-be-a-year-of-accelerated-capital-flows\/","title":{"rendered":"BankPozitif\u2019s Erkan Kork: \u201c2024 will be a year of accelerated capital flows\u201d"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div wp_automatic_readability=\"102.39950754078\">\n<div class=\"td-post-featured-image\">\n<figure><a href=\"https:\/\/i0.wp.com\/arabnewswire.com\/wp-content\/uploads\/2023\/12\/Erkan-Kork-Chairman-of-the-Board-of-BankPozitif-blue.jpg?fit=1600%2C1087&amp;ssl=1\" data-caption=\"Erkan Kork, Chairman of the Board of BankPozitif  \"><\/a><figcaption class=\"wp-caption-text\">Erkan Kork, Chairman of the Board of BankPozitif  <\/figcaption><\/figure>\n<\/div>\n<p>ISTANBUL \u2013 (<a href=\"https:\/\/www.arabnewswire.com\">ARAB NEWSWIRE<\/a>) \u2013 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 \u00a0\u00a0\u00a0\u00a0\u00a0banking sector continued to support the real sector, financing production and exports.<\/p>\n<p><strong>\u201cThe Turkish banking sector has a solid structure\u201d<\/strong><\/p>\n<p>Emphasizing the new era entered after the earthquake disaster at the beginning of the year and the prolonged election process, Erkan Kork said, \u201cWhile 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.\u201d<\/p>\n<p><strong>\u201cThere could be significant capital flows from Europe\u201d<\/strong><\/p>\n<p>Kork anticipates increased European capital inflows into Turkey by 2024, following President Erdo\u011fan\u2019s Middle East visits. He predicts European investments in Turkey will grow, especially through mergers and acquisitions.<\/p>\n<p><strong>\u201cOngoing Support for the Real Sector in 2024\u201d<\/strong><\/p>\n<p>Erkan Kork highlights the Turkish banking sector\u2019s 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\u2019s economic growth in 2024.<\/p>\n<p><b>\u201cWe will continue to enhance our services with innovative technologies\u201d<\/b><\/p>\n<p>Highlighting that the majority of banking transactions are now conducted through digital channels, Erkan Kork, Chairman of the Board of BankPozitif, said, \u201cBanks, 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.\u201d<\/p>\n<p><strong>About Bankpozitif<\/strong><\/p>\n<p>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!<\/p>\n<p><em>This press release is issued through Arab Newswire (<\/em><a href=\"http:\/\/www.arabnewswire.com\/\">www.arabnewswire.com<\/a><em>) \u2013 a newswire service for Arab World, Middle East and North Africa (MENA), and it is distributed by EmailWire\u2122\u00a0(<\/em><a href=\"http:\/\/www.emailwire.com\/\">www.emailwire.com<\/a><em>) \u2013 the global\u00a0newswire service that provides Press release distribution with guaranteed results\u2122.<\/em><\/p>\n<\/p><\/div>\n<p><script>(function(d, s, id) {\n\t\t\tvar js, fjs = d.getElementsByTagName(s)[0];\n\t\t\tif (d.getElementById(id)) return;\n\t\t\tjs = d.createElement(s); js.id = id;\n\t\t\tjs.src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&version=v2.11&appId=1158761637505872\";\n\t\t\tfjs.parentNode.insertBefore(js, fjs);\n\t\t}(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/arabnewswire.com\/bankpozitifs-erkan-kork-2024-will-be-a-year-of-accelerated-capital-flows\/?rand=1505\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Erkan Kork, Chairman of the Board of BankPozitif ISTANBUL \u2013 (ARAB NEWSWIRE) \u2013 Erkan Kork, Chairman of the Board of BankPozitif, commented on the achievements of 2023 and the expectations&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7083,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,1836],"tags":[1884,1885,1886,834,1887,1888,1889],"class_list":["post-7082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-middle-east-en","category-middle-east-ar","tag-asset-quality","tag-board-of-bankpozitif","tag-capital-structure","tag-erkan-kork","tag-turkish","tag-turkish-banking","tag-turkish-economy"],"_links":{"self":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/7082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/comments?post=7082"}],"version-history":[{"count":0,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/7082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/media\/7083"}],"wp:attachment":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/media?parent=7082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/categories?post=7082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/tags?post=7082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}