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The European Bank of Reconstruction and Development (EBRD) is considering launching a framework operation valued at up to 400 million under which the Bank will provide funding to at least four commercial banks in Turkey for on-lending to private sector...
Cengiz çbasaran, General Manager and Board Member, Garanti Factoring, provides an overview of the Turkish factoring market, covering industry environment,…
Turkish factoring companies achieve a 15.8 per cent net profit increase after the first half of 2011. (more…)
Yapi Kredi s factoring grows, while net profit for the whole business goes down (more…)
#bank#banks#bonds
Efforts of the Turkish Central Bank and BRSA to limit credit growth are thwarted by aggressive lending through bank factoring…
#bank#banks#factoring industry
Euler Hermes appoints Ozlem Ozuner CEO in Turkey (more…)
#bank#Corporate banking#insurance
Net profit of Turkish factoring companies amounted to 102.5 million in Q1 2011 (more…)
The Banking Regulation and Supervision Agency (BRSA) has announced it revoked an operating permit of Hedef Finance Factoring Services, Inc.…
#banks#leasing#regulation
Suzer Group merges two factoring companies to reinforce its presence on Turkish financial market (more…)
PineBridge Investments enters Turkish financial services with investment in Ulusal Faktoring (more…)
#bank#Deloitte#financial services
Euler Hermes launches a subsidiary in Istanbul (more…)
#Allianz#international#management
Turkey s capital markets regulator is studying allegations that OYATEK, affiliated company of Ordu Yardimlasma Kurumu (Oyak), military pension fund,…
Financial leasing, factoring and finance companies to have TL 7.5 million paid in capital. (more…)
#leasing#Paid#regulation