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Fortis Bank A.S announced that it will sell its 99% stake in Fortis Factoring for (more…)
Turk Eximbank aims to provide loans and guarantees to Turkey's export sector this year totalling near US$8.6 billion, said Trade…
Euler Hermes, the world s leading credit insurer and member of the Allianz group, has signed a cooperation agreement with…
#Allianz#bad debts#insolvencies
The factoring sector in Turkey has witnessed a growth of .... (more…)
Teximbank operates programmes designed to insure exports against commercial and political risks. The majority of the companies accessing the service…
Feyza Guleryuz, Toprak Factoring The crises of November 2000 and February 2001 have caused enormous damage both to financial institutions…
Market Performance and Supply Having been established for more than ten years in Turkey, the factoring industry was able to…
#bank#factoring risk#interest rates
For the past six months, factors in Turkey have been living through a financial crisis. Alper Uyar of Aktif Finans…
The EIB is extending a EUR 40 million loan to Citilease Finansal Kiralma AS, a leasing company owned... (more…)
State-owned Vakyfbank has unveiled a new lending programme for small- and medium-sized enterprises (SMEs), under which it plans to (more…)
#bank#interest rate#risk
Following its evaluation of the latest economic developments, the Central Bank (CB) has decided to reduce interest rates for the…
#bank#inflation#interest
Denizbank, Zorlu Group's financial arm, has posted net earnings of TRL72 million for the first quarter of the year. The bank's…
The Turkish Union of Chambers and Commodities Exchanges (TOBB) has announced it will lend YTL 100m (Ђ55m) to small- and…