Capital Compass – Investment Loan Opportunities in the Industrial Sector | Michael Riederer & Ersel Barlak
On Investment Credit Opportunities in the Industrial Sector: Michael Riederer and Ersel Barlak
This episode of the "Capital Compass" program aired on Bloomberg HT discussed investment credit opportunities in the industrial sector. The program's host, Reyhan Baysan, welcomed AKA Bank Export Finance Director Michael Riederer and Danista Capital Partners Partner Ersel Barlak as guests.
AKA Bank and Investment Loan Opportunities
First on the program, Michael Riederer discussed AKA Bank's activities. AKA Bank is a bank with over 70 years of history, specializing in export and investment loans. Michael noted that AKA Bank operates in more than 100 countries worldwide and is particularly capable of meeting complex financing needs. Michael emphasized the importance of the Turkish market for AKA Bank and highlighted the significance of the collaboration with Danista Capital Partners in this area.
How Do Investment Loans Work?
Ersel Barlak provided detailed information on how investment loans work. Investment loans are generally used to finance investments in machinery and equipment. These loans are valid for European Union-origin machinery and equipment, particularly German machinery and equipment. Ersel stated that Danista Capital Partners has extensive experience in this field and has facilitated €1.3 billion in loans since its establishment.
New Product for Small and Medium-Sized Businesses: Smatix
AKA Bank's new product, Smatix, was discussed as a way to facilitate access to financing for small and medium-sized enterprises. This tool can be used to quickly apply for and evaluate loans of up to €1 million online. This makes loans that were previously difficult to access available to a wider range of businesses.
Cooperation Between Turkey and Germany
Ersel Barlak emphasized that economic relations between Turkey and Germany are strong and that these two countries complement each other. Germany is a world leader in machinery and equipment production, and Turkey has a high demand for these products. Germany's financial surplus and Turkey's financing needs make this cooperation even more valuable.
Energy and Green Transition Investments
Michael Riederer stated that AKA Bank finances not only machinery and equipment investments, but also energy conversion and green energy projects. Such investments can make significant contributions to Turkey's efforts to reduce its carbon footprint.
Turkey's Logistics and Production Advantages
Ersel Barlak emphasized that Turkey has logistical advantages thanks to its geographical location and strong production capacity. He said that Turkish industrialists are resilient to crises and have a high ability to manage them. He also stated that Turkey has a high-quality workforce and production know-how.
