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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
The European Bank for Reconstruction and Development held its Response to the Financial Crisis meeting in Istanbul on the 21-23…
Garanti Factoring have announced their figures for the third quarter (more…)
Turkish corporate venture capital company Hiyat Holding have announced the launch of factoring subsidiary (more…)
#crisis#factoring industry#smes
The EBRD have opened a new branch in Istanbul, with plans to invest 400m in the Turkish economy (more…)
#bank#economy#funding
Garanti Factoring has announced increased earnings for the first half of 2009 (more…)
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 Ratings has today affirmed Turkey-based Optima Faktoring Hizmetleri A.S.'s (Optima) National Long-term rating (more…)
#credit risk#liquidity#management
The signatures of two loan agreements to support SMEs worth EUR 550 million yesterday mark a milestone for the EIB's…
Turkish Prime Minister Recep Tayyip Erdogan said a credit guarantee system would be launched for SMEs in Turkey. (more…)
The Treasury must leave the financial markets as the biggest borrower so that banks will extend more resources toward financing…
#banks#interest rates#Produce
Garanti Factoring succeeded in increasing its first quarter earnings by 39%, with net profits reaching 2.5 million TL for 2009.…
#smes
The EBRD is considering providing EUR 20 million senior loans to each of Deniz Bank (DB) and Garanti Bank (GB)…