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Erkan Kork, Chairman of the Board of Directors of BankPozitif, commenting on Moody\u0092s<\/a> re-port, stated that the decision was not a surprising development, saying, \u0093Increasing foreign exchange reserves, declining current account and foreign trade deficits, record-breaking ex-ports, the effects of strong growth, and the CDS premium remaining below 300 are attracting the attention of international institutions. T\u00fcrkiye had already received positive responses from other rating agencies like Fitch Ratings and S&P. It’s not surprising that Moody\u0092s has turned T\u00fcrkiye’s credit rating outlook to positive. It was an assessment in line with our expectations, even overdue.\u0094<\/p>\n “Moody\u0092s decision will act as a stimulant in the markets”<\/p>\n Pointing out that the decision will act as a stimulant in domestic markets, Erkan Kork said, \u0093Until now, credit rating institutions, which have been quite stingy about T\u00fcrkiye and sometimes made decisions far from objectivity, could not ignore the positive picture. I think international direct investments, especially from the USA and European countries, will accelerate in our country. Global markets are getting out of the holiday lethargy and returning to routine. We are entering a period where foreign investor entries into Turkish Lira assets will accelerate, and new success stories will be written.\u0094<\/p>\n “We stand by the economic management”<\/p>\n Emphasizing that the investor meetings conducted by the economic management are bearing fruit, Kork noted: \u0093As BankPozitif, we stand by our President Recep Tayyip Erdo\u011fan and the economic management. We will continue to work with all our strength for the success of the policies implemented. The second century of our Republic will be remembered as the investment century. As BankPozitif, in this period when we will celebrate our 25th anniversary, we will continue to contribute to the Turkish economy and provide strong support to the real sector.\u0094<\/p>\n About Bankpozitif Media Contact Reference This press release is issued through Arab Newswire (www.arabnewswire.com<\/a>) \u0096 a newswire service for Arab World, Middle East and North Africa (MENA), and it is distributed by EmailWire\u0099 (www.emailwire.com<\/a>) \u0096 the global newswire service that provides Press re-lease distribution with guaranteed results\u0099.
\nOperating in the field of digital banking, Bankpozitif is a T\u00fcrkiye-based financial institution that enables individuals and businesses to carry out their financial transactions quickly and efficiently efficiently through a single digital platform. The bank offers digital investment banking with
\npersonalized financial solutions and innovative technologies for its customers!<\/p>\n
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\nMoody\u0092s changes outlook on Turkiye to positive affirms B3 ratings Rating Action PR 483473.
\nhttps:\/\/www.moodys.com\/research\/Moodys-changes-outlook-on-Turkiye-to-positive-affirms-B3-ratings-Rating-Action–PR_483473<\/a> <\/p>\n
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