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Turkey

ITFC and TKYB to support Turkey’s development and recovery

Investment Bank of Türkiye (TKYB) and the International Islamic Trade Finance Corporation (ITFC)  have signed a US $100m financing agreement to support companies in Turkey. The financing provided by the International ITFC to TKYB aims to promote sustainable development by...

#ITFC#supplier finance#sustainability

TKYB and ITFC sign US$100m financing agreement to support...

TKYB and ITFC sign US$100m financing agreement to support companies in the Turkey. The aim of the financing provided to the…

#ITFC#supply chains#sustainable development


MNT-Halan expands into Turkey with 100% acquisition of factoring...

MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with…

#aquasition#fintech


Vestel expands SCF with FaturaLab collaboration

Vestel, a leading Turkish technology manufacturer, aims to expand its supplier network by moving its supplier financing programme to the…

#supply chain finance


Hayat Finans Partners with Octet Turkey to enhance cash...

Hayat Finans, Turkey's first digital bank, has entered into a strategic partnership with Octet Turkey to help businesses manage their…

#invoice management#supplier finance


Turk Eximbank secures €1bn financing deal with World Bank...

Turk Eximbank has announced the signing of a €1bn (US$1.1bn) loan financing deal under the guarantee of the World Bank…

#bank#Deutsche Bank#exporters


Faturalab and eBebek collaborate to transform supply chain financing...

Turkey’s fintech platform Faturalab and eBebek, a trailblazer in the mother and baby products industry, have partnered as part of…

#supply chain finance


WFY’23: Turkish factoring sector accounted for 2,77 per cent...

The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz…

#international#invoice#purchase order


Turkish Figopara hires Provenir to automate decisioning and expand

Provenir, a global leader in AI-powered risk decisioning software, today announced that Figopara, an online marketplace for invoice financing, has…

#AI#credit risk management


Turkish factoring companies ask for record charges before elections

Some Turkish factoring companies have charged record rates for their facilities before this weekend elections (more…)

#interest rate


Atradius: Economic woes cast shadow over Turkey’s coming election

The upcoming general election in Turkey could prove a turning point for the... (more…)

#Atradius


EBRD and Tam Finans team up on new trade...

The European Bank for Reconstruction and Development (EBRD) is providing Türkiye’s Tam Finans Factoring A.S. with... (more…)

#TFP

Coface: Inflation risk and political uncertainty raise in Turkey...

On February 6, the south eastern provinces of Türkiye were hit by earthquakes that killed over 40,000 people in Türkiye…

#inflation#political risk

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