QNB Türkiye expects significant improvements in profitability in 2026.

QNB Turkey General Manager Ömür Tan's Expectations for 2026

QNB Turkey General Manager Ömür Tan, in an interview with Anadolu Agency as part of the Banking Talks, described 2025 as a period where geopolitical uncertainties are influential in global markets. Tan stated that tight policies in the economy have contributed to disinflation in the country, emphasizing that monetary policies are being effectively implemented to ensure price stability becomes permanent.

Short-Term Challenges, Long-Term Opportunities

Tan expressed that the current economic policies create some short-term challenges but believes that the banking sector will achieve a sustainable level of profitability in the medium and long term. He indicated that his expectations for 2026 are more positive compared to 2025, stating that the decrease in inflation will create an effect by reducing cost pressures.

Credit and Deposit Growth Forecasts

Tan pointed out that next year's interest rate cuts and simplifying regulations will increase predictability in the banking sector. He added that the limited deterioration in retail loans will be balanced and that they expect a significant rise in profitability indicators alongside improvements in the net interest margin.

Healthy and Profitable Growth Strategies

Tan outlined the bank's goals for 2026, stating that they will seek ways to achieve healthy and profitable growth through investment and customer acquisition strategies. He also emphasized that their advances in digitalization and sustainability will continue. He noted that it is important to keep in mind their goal of net zero carbon emissions by 2050.

Digital Transformation and Customer Experience

Tan mentioned that they aim to integrate artificial intelligence-based solutions into production processes to improve customer experience. Thus, they plan to develop more effective solutions both in customer interaction and decision-making processes.