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Turkey

EBRD lend Ђ50 million to SMEs through Garanti Bank

The European Bank for Reconstruction and Development (EBRD) has issued a 50 million loan to Garanti Bank to boost Turkey s rural small business sector. (more…)

#bank#Boost#small business

EBRD Responds to the Financial Crisis

The European Bank for Reconstruction and Development held its Response to the Financial Crisis meeting in Istanbul on the 21-23…


Garanti Factoring announce Q3 profit

Garanti Factoring have announced their figures for the third quarter (more…)


New Factoring firm launches in Turkey

Turkish corporate venture capital company Hiyat Holding have announced the launch of factoring subsidiary (more…)

#crisis#factoring industry#smes


EBRD opens Istanbul office

The EBRD have opened a new branch in Istanbul, with plans to invest 400m in the Turkish economy (more…)

#bank#economy#funding


Strong performance from Garanti Factoring

Garanti Factoring has announced increased earnings for the first half of 2009 (more…)


Stable Outlook for Ekspo Faktoring

Fitch Ratings has today affirmed Ekspo Faktoring A.S.'s National Long-term rating at 'BBB+(tur)' with a Stable Outlook (more…)

#cash management#liquidity#management


Fitch affirms Optima Faktoring at BBB

Fitch Ratings has today affirmed Turkey-based Optima Faktoring Hizmetleri A.S.'s (Optima) National Long-term rating (more…)

#credit risk#liquidity#management


EIB supports SMEs in Turkey with EUR550m funding

The signatures of two loan agreements to support SMEs worth EUR 550 million yesterday mark a milestone for the EIB's…


Credit guarantee scheme extended to SMEs

Turkish Prime Minister Recep Tayyip Erdogan said a credit guarantee system would be launched for SMEs in Turkey. (more…)


Association wants investors to refocus upon small business

The Treasury must leave the financial markets as the biggest borrower so that banks will extend more resources toward financing…

#banks#interest rates#Produce


Strong first quarter for Garanti

Garanti Factoring succeeded in increasing its first quarter earnings by 39%, with net profits reaching 2.5 million TL for 2009.…

#smes

EBRD considering loan to Deniz and Garanti

The EBRD is considering providing EUR 20 million senior loans to each of Deniz Bank (DB) and Garanti Bank (GB)…

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