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Turkey

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, was also (more…)

#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


World Bank approves loan to SME finance project in...

The World Bank Board of Executive Directors today approved a $500 million loan for the Second Access to Finance for…

#bank#Commercial Credit#SME financing


Banks increasing loans to businesses following criticism

Banks in Turkey are in competition to extend as many loans as possible to businesses, after being (more…)


Six new support packages launched to fuel small businesses

Minister of Industry and Commerce Nihat Erg n announced six new support programs to counter the problems faced by Turkey…


Turkey: clarity and cover key challenges for 2010

Cengiz Ucbasaran, General Manager of Garanti Factoring in Turkey, provides Factorscan with an overview of the Turkish factoring market, outlines…

#bank#interest rates#international


Garanti Factoring reports growth in first quarter earnings

Garanti Factoring has reported a 23 per cent increase in earnings for the first quarter, with a net profit of…

#cash-flow#factoring industry#supplier finance


Halkbank and TOBB provide funds for small firms

The Turkish Union of Chambers and Commodity Exchanges (TOBB) and Halkbank are to provide over (more…)


EIF and KGF to make over 100 million Euros...

The European Investment Fund and Kredi Garanti Fonu (KGF) have signed a 45 million guarantee agreement under the Competitiveness and…


Factoring in Turkey – World Factoring Yearbook

Hale Dalyan, Secretary General of the Turkish Factoring Association, provides Factorscan with an overview of the Turkish factoring market, covering…

#bank#international#regulation

SMEs suffering defaults and lack of bank credit

Small and medium-sized enterprises are showing signs that the recession is still alive in the Turkish economy. (more…)

#bank#banks#recession

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