2026/03/12 | Tap into Türkiye: Strategic Expansion in Hong Kong Alper Türkendag, Unit Manager, and Ceren Elmali, Assistant Manager, Corporate and Commercial Banking Sales Division Cross Border Banking Unit, Türkiye İş Bankası A.Ş. (İşbank) visited the Chamber on 12 March to identify gaps in financial services and explore potential business opportunities within the Hong Kong market. Dewan Saiful Alam, Chairman of Asia, Africa & Middle East Committee, Bjoern Lindner, Vice Chairman of Europe Committee; Richard Wong, Convenor of the IP Trading and Financing Working Group, and members from the Financial & Treasury Services Committee welcomed the guests.
Türkendag detailed İşbank upcoming plans to establish a fully licensed bank in Hong Kong. During the discussion, Behzad Mirzaei highlighted a significant market gap in daily trade finance for high liquidity items, which represents a prime opportunity for İşbank to provide specialized solutions.
Türkendag emphasized İşbank’s unique position in facilitating transactions for Hong Kong businesses looking to enter the MENA region. He pointed out that while the Middle East offers vast opportunities as an emerging market, few banks currently provide a robust bridge between the two regions. By establishing a presence in Hong Kong, İşbank will become the first Turkish bank to set up operations in the city.
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