İşbank and Commerzbank run second pilot of international trade finance with blockchain technology
İşbank and Commerzbank together with their corporate clients have jointly...
Turkey
China-backed AIIB, World Bank provide finance to Turkey to support local SMEs
The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said Monday it would lend...
YapıKredi Factoring awarded ‘Best Factoring Company’ by Global Banking & Finance Awards
YapıKredi Factoring has been designated Turkey’s Best Factoring Company at...
Central Bank of Turkey makes changes to Capital Movements Circular
https://www.esin.av.tr/2020/07/28/change-to-capital-movements-circular/On July 20, 2020, the Central Bank of Republic of Turkey amended the...
BRSA takes new measures on risk calculation in Turkey
The Banking Regulatory and Supervisory Authority (BRSA) has taken a...
Turkey’s invoice finance fintech secures US$1m in capital via second funding round
Turkish Fintech firm Figopara confirmed on May 7, 2020, that it has secured...
Turkish government guarantees SME receivables for 1 year
The President's decision on reinsurance support to be committed by the state to the...
Coface publishes Turkey payment survey 2019
Right after the recession that the economy went into during the second half...
TEB Factoring and Balorman first to sign digital SCF transaction
The first-ever supply chain finance (SCF) transaction on a digital platform...
Enforcement of proceedings in concordat process in Turkey
In concordat process, it is not possible to initiate enforcement proceedings including the ones for...