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Turkey

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


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

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