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Finance Ministry investigating factoring services that have made unfair profits by taking advantage of the ongoing global financial crisis. (more…)
#bank#crisis
European Union's Small Business Credit Programme extends 20 million euros to Garanti Bank. (more…)
Turkish business leaders have highlighted limited access to funding as being a key concern for Turkish businesses in the downturn.…
#bank#interest rates#international
Turkish government extending loan support scheme to SME manufacturers and exporters (more…)
Garanti Factoring post strong results for their 2008 operations (more…)
The latest Fitch ratings, released today, have affirmed Garanti Factoring long-term foreign currency Issuer Default Rating at 'BB' (more…)
#bank#financial services#international
The effects of the global crisis in Turkey are boosting usury, a financing method to make excessive profit by providing…
#bank#banks#interest rates
The World Bank has approved a US$200m loan for Turkey's 'Access to Finance for SMEs' project (more…)
Turkey will offer a total of TRY 350m liras (EUR175m) in interest-free lending to small businesses (more…)
Turkey will provide SMEs with a 168 million euro support loan package. (more…)
International Factoring Group (IFG) has announced that Turkey s C Faktoring has become a shareholder status member of the factoring…
Turkey's factoring industry, which has been active in the country for only 20 years, attained a growth rate far above…
The Islamic Development Bank (IDB) has reached a deal with the Turkish Development Bank to provide loans for SMEs. (more…)