4th April 2023


Renewed investor interest in Turkey

Foreign investors regain interest in Turkey ahead of parliamentary and presidential elections in May.

Groups of foreign investors are visiting Turkey and meeting with both incumbent and opposition officials.  Banking group BNP Paribas is organizing a trip likely scheduled for April, and Spanish bank BBVA is also in Turkey this week, according to banking sources. Reuters reported on Friday that BBVA was bringing clients with around $1.5 trillion in debt-related assets to the country.