SPK President Gönül: Public Offerings in Turkey Are Breaking Records!

Important Statements from SPK Chairman İbrahim Ömer Gönül

Capital Markets Board (SPK) Chairman İbrahim Ömer Gönül made important statements at the 5th Future of Finance Summit, which brings together crucial financial areas such as banking, capital markets, insurance, and participation finance. In the speeches made at the summit, it was emphasized that today’s complex and hybrid economic environment presents both uncertainties and rapid transformation opportunities.

Initial Public Offerings and Growing Investor Base

Chairman Gönül stated that Turkey’s financial markets are showing strong development, noting that the number of initial public offerings has increased and the investor base has expanded. Gönül mentioned that the number of investors in the equity markets has exceeded 6.4 million and that the number of companies listed on Borsa Istanbul has reached 590. He also emphasized that the number of active investors is approaching 11 million.

The Impact of Initial Public Offerings since 2020

Pointing out the importance of the initial public offerings realized in recent years, Gönül reported that 204 companies have been publicly offered since 2020, providing 222 billion lira in resources. Given the current stock market data, the information that one-third of the listed companies have been publicly offered in the last six years clearly demonstrates the interest in initial public offerings.

Strategies to Ensure Permanence in Markets

SPK Chairman Gönül emphasized that to make this positive picture permanent, there is a need to strengthen the regulatory and technological infrastructure in the markets, stressing the priority of increasing investor security and enhancing financial literacy. He also stated that many projects have been implemented to achieve strong, transparent, and reliable markets.

In this context, it was highlighted that innovations such as the E-Application System have been introduced, making the application processes more transparent. Gönül added that efforts are being made to align market oversight and audit mechanisms with international norms.