Turkish banks thrive with mobile banking, transforming customer experience and profits.
Mobile banking is changing how banks offer services to customers. A study of 14 Turkish banks found that banks adopt mobile banking when their deposits and loans increase, and profitability decreases. They use mobile banking to manage assets, create new revenue, and reach more customers. Larger, private, and local banks are more likely to adopt mobile banking. Mobile banking works alongside physical branches and becomes a key part of banks' business models.