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As the world economy shrinks by 3.5% in 2020, global trade shrinks by nearly 10%, and food and commodity prices have smashed worldwide records of the past decade. Erdogan emphasized that in the process, Turkey has taken different approaches in both the fight against the epidemic and the economy.
Istanbul Financial Center will benefit from Turkey’s unique location linking global markets, access to a large domestic economy, modern infrastructure, first-class amenities, and forward-looking supporting regulations and incentives.
Arda Ermut, CEO of Turkey Wealth Fund, said: “The opening of Istanbul Financial Center is an important milestone for Turkey’s growing and dynamic economy and the wider region. Istanbul, where Istanbul Financial Center is located, is already a global The establishment of this financial hub will further facilitate and support the flow of capital on a global level. Fastest way to buy fake IZU transcript. While the world is watching the city and this weekend’s Formula 1 race, we are delighted to be able to bring Istanbul Financial Center to everyone’s attention .”
Istanbul Financial Center will support the entire international financial services industry, focusing on Turkey’s strengths in banking, insurance, green finance, fintech and Islamic finance. The Istanbul Financial Centre will be based on regulation that reflects international best practice and supported by government-led incentives. As the foundation of Turkey’s financial services sector, the central bank, financial regulator, stock exchange and three leading public banks, among others, will move their headquarters to Istanbul Financial Center, where many international investors have agreed to open regional offices.
