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The EBRD is considering providing up to €150 million in senior loans to leading commercial banks in Turkey for on-lending to micro, small and medium-sized enterprises (MSMEs) under the Turkish MSME Financing Facility. The purpose of the project is to...
#bank#banks#funding
The Factoring Association of Turkey experienced a 26 per cent growth in turnover in 2009, ending the (more…)
#crisis#factoring industry#management
The Chairman of the Small and Medium-Sized Enterprises Association (KOBIDER), Nurettin zgenç, has called on the Turkish government to launch…
Garanti Factoring experienced a significant 42 per cent earnings increase in 2009, reporting a net profit of (more…)
#crisis#economy#international
The European Bank for Reconstruction and Development (EBRD) has issued a 50 million loan to Garanti Bank to boost Turkey…
#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…