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Turkey

Eurobank Tekfen announces nine months results

Eurobank Tekfen s consolidated net profit for the first three quarters of 2010 amounted to ... (more…)

#bank#leasing#receivables

Filiz Unal on Turkey's factoring boom

Filiz Unal, Secretary General of Turkish factoring association Faktoring Derne gi, talks to Factorscan about the industry s dramatic first…


Garanti Factoring reports 19% earnings growth

Garanti Factoring continued its solid performance... (more…)


National Factoring Association posts extended statistics on factoring market...

According to the report the Turkish factoring industry (Association members plus non-Association members) grew by... (more…)


Factoring Volume is up by 127 % in the...

Factoring industry grew by 127% and turnover reached USD 22.8 billion in the first half of 2010. (more…)

#credit protection#debt collection#management


Akbank secures syndicated loan to enhance trade finance

Akbank has secured a loan from a syndicate of 50 international banks, including ING and Bank of America Merrill Lynch.…


Garanti Factoring announces positive mid-year results

Garanti Factoring has announced a net profit of 6.2 million Turkish lira ( 3.1 million) during the first (more…)


European Investment bank finances Turkish SMEs recovery

A statement by Akbank said that European Investment Bank (EIB) allocated 150 million euros of loan for small and medium…

#bank#Boost#international


Moody affirms rating of Ekspo Faktoring A.S

Moody's Investors Service has today affirmed the Ba3 issuer ratings (for local and foreign currency) and the Baa1.tr National Scale…

#bank#funding#risk


TEB Fatoring named Best Export Factor by FCI

Factors Chain International (FCI) has named TEB Faktoring Best Export Factor of 2010. Çagatay Baydar, General Manager of TEB Faktoring,…

#awards#international


World Bank is Banking on Turkey with USD 500...

The World Bank has allocated a total of USD 500 million to the Second Access to Finance for Small and…


EBRD increases support to SMEs in Turkey

The EBRD is boosting its support for the development of the Turkish real economy with a newly launched financing facility…

#bank#international#MSME

EBRD finances micro, small and medium businesses in Turkey

The EBRD is increasing the availability of finance to private businesses in Turkey with a 20 million euro credit line…

#bank#Isbank#MSME

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