QNB Türkiye expects significant improvements in profitability in 2026.

Expectations for 2026 from QNB Turkey General Manager Ömür Tan

QNB Turkey General Manager Ömür Tan, in an interview with Anadolu Agency as part of the Banking Conversations, described the year 2025 as a period influenced by geopolitical uncertainties in global markets. Tan noted that the strict policies in our country have contributed to disinflation, emphasizing that monetary policies are being effectively implemented to achieve lasting price stability.

Short-Term Challenges, Long-Term Opportunities

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

Credit and Deposit Growth Projections

Tan pointed out that interest rate cuts and simplifying regulations will increase predictability in the banking sector next year. He added that the limited deterioration in retail loans will stabilize, and significant increases in profitability indicators are expected alongside improvements in the net interest margin.

Strategies for Healthy and Profitable Growth

Tan defined the bank's targets for 2026, stating that they will seek ways to achieve healthy and profitable growth through investment and customer acquisition strategies. He also emphasized that advancements in digitalization and sustainability will continue. He reminded that the net zero carbon targets by 2050 should not be overlooked.

Digital Transformation and Customer Experience

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