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Turkey

Turkish regulators to restrict banks lending through factoring subsidiaries

Efforts of the Turkish Central Bank and BRSA to limit credit growth are thwarted by aggressive lending through bank factoring and leasing subsidiaries (more…)

#bank#banks#factoring industry

Euler Hermes appoints CEO in Turkey

Euler Hermes appoints Ozlem Ozuner CEO in Turkey (more…)

#bank#Corporate banking#insurance


Factoring companies to grow net profit

Net profit of Turkish factoring companies amounted to 102.5 million in Q1 2011 (more…)


Hedef Finance Factoring Services operating permit has been revoked

The Banking Regulation and Supervision Agency (BRSA) has announced it revoked an operating permit of Hedef Finance Factoring Services, Inc.…

#banks#leasing#regulation


Sьzer Group increases factoring presence

Suzer Group merges two factoring companies to reinforce its presence on Turkish financial market (more…)


Asian investor buys stake in Ulusal Faktoring

PineBridge Investments enters Turkish financial services with investment in Ulusal Faktoring (more…)

#bank#Deloitte#financial services


Euler Hermes takes root in Turkey

Euler Hermes launches a subsidiary in Istanbul (more…)

#Allianz#international#management


One hundred Turkish factoring and leasing companies 'involved in...

Turkey s capital markets regulator is studying allegations that OYATEK, affiliated company of Ordu Yardimlasma Kurumu (Oyak), military pension fund,…


BRSA increases minimal paid in capital requirement for factors

Financial leasing, factoring and finance companies to have TL 7.5 million paid in capital. (more…)

#leasing#Paid#regulation


SME sector growth prompts expansion of Turkish factor

Para Finans Factoring plans to open four more offices in the country this year. (more…)


Para Finans to open new branches in 2011

Para Finans Factoring General Manager, Tarik Degirmenci, has told Turkish news site H rriyet Daily that the company plans to…


Larger companies fuel the growth of Turkish factoring

Despite the economic crisis the factoring industry continued its growth... (more…)

International financial institutions to support Turkish entrepreneurs

The European Bank for Reconstruction and Development (EBRD), DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH, Oesterreichische Entwicklungsbank AG (OeEB), the…

#bank#international#MSME

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