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Turkey

Minister announces interest-free loans for exporters

Export manufacturers will soon be able to take advantage of a new package of state-supported, interest-free loans similar to those currently being offered to industrial SMEs (more…)

SMEs enthusiastic about interest-free loans

The business world has welcomed Minister of Industry and Trade Zafer Çaglayan's announcement of a plan to grant interest-free loans…


28% increase in SME loans

Four years ago the share of loans taken by SME's was around 7 percent of all loans extended by Fortis Bank. 'The…


Small enterprise means big business this summer

The European Union has launched the second phase of its Small Enterprise Loan Program (SELP), which provides loans to support…


World Bank approves export finance loan for Turkey

The World Bank approved on Thursday to extend a US$600m export finance intermediation loan in a bid to help Turkish…

#bank#export finance#exports


Turkey's Sekerbank secures US$10m loan from Wachovia

Turkey's Sekerbank has received a loan of US$10m from Wachovia Bank to support its efforts to create a funding source…


TEB distributes French-funded low-cost loans to SMEs

The Turkish Economy Bank (TEB) in late April began distributing 40m from the French Development Agency (AFD) in the form…

#bank#economy#investment


World Bank executive warns Turkey on next two years

A senior World Bank executive said on Monday that the next year or the coming two years might pose some…


Upcoming Turkey – An insider's view

Factoring in Turkey is booming - Garanti Factoring based at the centre of the industry give the outlook for this…