We are pleased with foreigners’ interest in Turkish assets

Treasury and Finance Minister Mehmet Şimşek

Finance and Treasury Minister Mehmet Şimşek stated, “We are pleased to see an increase in investors’ interest in Turkish assets.” Şimşek listed the sale of shares in Yapı Kredi Bank, the acquisition of MNG Kargo by DHL, and the partnership between Rönesans Enerji and TotalEnergies as last week’s satisfying transactions.

Finance and Treasury Minister Mehmet Şimşek made a statement on his social media account regarding the interest of foreign investors in the country.

“We are pleased to see an increase in investors’ interest in Turkish assets,” said Şimşek. In his English post, he mentioned that in addition to the expected increase in Foreign Direct Investments (FDI) from the GCC countries in the next three years, there has been an increase in equity and debt deals.

Şimşek highlighted several recent transactions that were publicly announced. “Firstly, the successful offering of Yapı Kredi shares to institutional investors this week: $250 million – the largest equity offering in the last 3 years. Over 5 times oversubscribed with participation from nearly 40 US and European investors,” he stated.

He then reminded about the acquisition of MNG Kargo by DHL as the second transaction. “Thirdly, the partnership between Rönesans Enerji and TotalEnergies last week,” he added.

Şimşek emphasized that all these transactions demonstrate confidence in Turkey and its strong macroeconomic policies. He stated, “Long-term investments in Turkey will support our policies, stabilize the currency, and mitigate the impact of recent fiscal and monetary tightening on growth.”

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