Toprak Factoring A.Ю., which was taken over by the Banking Regulation and Supervisory Agency (BRSA) in 2001, has announced that an 83% stake in the company has been sold to Altэnbaю Holding A.Ю., a group of companies operating in the jewellery, energy, petroleum and finance related sectors.
With sufficient capital and high profitability Toprak Factoring states that it performed better than expected during the two years of BRSA’s tenure. Although the total turnover decreased, the company retained its potential to grow with an experienced staff and a well structured organisation.
Toprak Factoring’s management and employees are enthused by these improvements and eager to provide the best service as import and export factor to its clients, and looks forward to achieving the high volumes it did before the BRSA take-over.
About Altэnbaю Holding
