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 defined 2025 as a period in global markets characterized by geopolitical uncertainties in an interview with Anadolu Agency as part of the Banking Talks. He stated that the tight economic policies in our country contribute to disinflation, emphasizing that monetary policies are being implemented effectively 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 he believes that the banking sector will achieve a sustainable level of profitability in the medium and long term. He noted that his expectations for 2026 are more positive compared to 2025, stating that the decrease in inflation will lead to a reduction in cost pressures.

Credit and Deposit Growth Projections

Tan indicated that interest rate cuts and simplifying regulations will increase predictability in the banking sector next year. He added that they expect a significant rise in profitability indicators, especially with the limited deterioration in retail loans being balanced and improvements in the net interest margin.

Healthy and Profitable Growth Strategies

Tan outlined that the bank will seek ways to achieve healthy and profitable growth through investment and customer acquisition strategies for 2026. He also emphasized that progress in digitalization and sustainability will continue. He noted that it is essential not to forget their net zero carbon target by 2050.

Digital Transformation and Customer Experience

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