Ziraat Bankası statement on 'Syria': Investment plans on the agenda

Ziraat Bankası General Manager Alpaslan Çakar announced that they are closely monitoring developments in Syria and that their bank will take responsibility when conditions are suitable. As negotiations between Turkey and Syria continue, Ziraat Bankası's pre-war plans to establish a bank may return to the agenda.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources! Don't leave your news to an algorithmYou decide which source to read; add 12punto to your preferred sources.

Ziraat Bankası statement on 'Syria': Investment plans on the agenda

Ziraat Bankası General Manager Alpaslan Çakar stated that if conditions are suitable, Ziraat Bankası will assume its share of responsibility in Syria.

'WE ARE CLOSELY MONITORING DEVELOPMENTS'

In response to a question from Reuters regarding whether plans to establish a joint bank in Syria, which were planned before the civil war, would be reactivated, he replied, "We believe that the change in Syria is of critical importance for our country and we are monitoring developments very closely. If conditions are suitable, our bank will assume its share of responsibility in this matter, just as it has in other geographies before."

HALT OF PRE-WAR PLANS

Before the war, in 2010, Ziraat Bankası's plans to establish a bank in Syria with a local partner were halted due to the war.

NEGOTIATIONS CONTINUE BETWEEN THE NEW ADMINISTRATION AND TURKEY

Following the overthrow of Bashar al-Assad in Syria, negotiations are being conducted between Turkey and the new administration, which has been in power for three weeks, regarding the reconstruction and development of the country in many areas, primarily energy and construction.

News Source: 12punto