EBRD/Falcetti: Structural Reforms and Systemic Issues on the Horizon

Forex - Elisabetta Falcetti, Managing Director for Turkey and the Caucasus at the European Bank for Reconstruction and Development (EBRD), stated that the private sector in Turkey is very strong and holds significant potential. She explained that the bank plans to expand in Sub-Saharan Africa and Iraq based on the successes achieved in Turkey. Falcetti shared the bank's growth strategy and expectations for the Turkish economy.

According to a report, the EBRD has invested over 21 billion euros in the Turkish economy to date and currently holds a portfolio of more than 7 billion euros. The bank will continue to grow in Turkey, where it sees significant potential. Additionally, a five-year strategy has been outlined for the bank's growth journey.