Milliyet – A global financial center in the making, Turkey’s Istanbul will host a key event, one of BrandFinance’s forum series entitled 'Leadership in the Banking Industry: The Value of Innovation and Change' on February 14th at SALT Galata in the city’s historic Karakoy district.
Following the example of London, New York, Hong Kong, and Dubai, Turkey’s financial capital will be the venue for professionals working in the finance sector, getting together to discuss the developments on a variety of topics, including Turkey’s strong banking system, which managed to sustain growth amidst global and regional uncertainties.
Economic growth, a young population and a highly profitable finance industry have brought foreign banks into Turkey in recent years. Russian, Japanese, Spanish, and Lebanese lenders have either entered the market via acquisitions, or established their brands in Turkey after obtaining banking a license from the Turkish Banking Regulation and Supervision Agency (BDDK).
Among the world’s top ranking cities in economic growth, Istanbul is regarded as the perfect emerging market example of a financial capital with its surging commerce and vibrant financial market.