QNB Turkey 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 Dialogues, described the year 2025 as a period influenced by geopolitical uncertainties in global markets. He noted that the tight economic policies in the country contributed to disinflation, emphasizing that monetary policies are being effectively implemented to achieve lasting price stability.

Short-Term Challenges, Long-Term Opportunities

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

Credit and Deposit Growth Projections

Tan pointed out that interest rate cuts and simplifying regulations are expected to increase predictability in the banking sector next year. He added that they anticipate a significant rise in profitability indicators alongside improvements in the net interest margin, particularly as the limited deterioration in retail loans is expected to stabilize.

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 advancements in digitalization and sustainability will continue. He mentioned that it is important not to forget their net-zero carbon goals by 2050.

Digital Transformation and Customer Experience

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