Challenges and Opportunities Turkey
Turkey is today at the center of the world with on one side Russia, on another side the Gulf countries, and on the other side the Central East Asian countries., it is without a doubt turning into a tourist and financial and investment center in the region second to none.
Having bounced back from its own profound financial crises in 1994 and 2000, Turkey is indeed well prepared today to ride out the current global economic storm.
With the bank’s capital adequacy ratios at more than 17% — it is clear that Turkish banks are today very liquid and stable, even despite the adverse global market conditions we are facing.
Because of the country’s political stability since 2003, its financial market stability, and the liquidity of its banks, investors are today flocking to Turkey to invest in there.
In the last 30 years for example, and up to 2003, Turkey had only $5 billion or $6 billion in foreign direct investments. Since 2003, the country have had more than $15 billion to $20 billion in direct investments as equity.
Read More: Opportunities in Turkey
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