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Commerzbank comments on Turkey’s risks and rewards

Turkey’s potential to be a trading powerhouse has never been in doubt – its enviable geographic location between the emerging markets of Eastern Europe, the Middle East and North Africa see to that. Yet its ability to make good of that potential has often been questioned – indeed, the recent demonstrations in Istanbul only serve to highlight some of the risks that come with trading in the region. Writing for Trade & Forfaiting Review, Per Fischer, Head of Financial Insitutions at Commerzbank stresses that these risks can be mitigated, however, and the best solution may be via a correspondent banking network.

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