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On February 6, the south eastern provinces of Türkiye were hit by earthquakes that killed over 40,000 people in Türkiye and Syria. This toll, far from being definitive, could double according to the United Nations. Millions of people are in...
#inflation#political risk
Turkey’s factoring companies are facing a difficult year with an economy in crisis and a new regulation from the Central…
#bank#exports#interest rates
Turkey’s factoring market, which grew 34 per cent in 2021 to TL 200bn (£9.2bn), rose by 66 per cent in…
#Cagatay Baydar
Turkish businesses, who have serious problems in accessing credit, complain that Eximbank loans have come to a standstill. Manufacturers and…
#export finance
Turkish technology company Nef Solution announced they have launched a risk management platform called Fincheckup.ai. According to Nef, the platform…
#AI#management#risk
QNB Finansbank have launched its supplier financing discounted collection product, which will facilitate the search for the financing of the…
#cash management#invoice#management
Turkey’s economic and social development since 2000 has been impressive, leading to increased employment and incomes and making Turkey an…
#international#invoice#purchase order
TEB Factoring has announced that Gulumser OZGUN HENDEN is named General Manager effective from beginning of January, replacing Cagatay BAYDAR who is…
#bank#Cagatay Baydar#innovation
Bien Finans Faktoring A.S. was established in September 2020 in Turkey... (more…)
#exports#insurance#international
The European Bank for Reconstruction and Development (EBRD) is supporting exporters and importers in Turkey by providing US$50m in trade…
#bank#exporters#guarantees
İşbank and Commerzbank together with their corporate clients have jointly... (more…)
#Commerzbank#Isbank#Marco Polo
The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said Monday it would lend... (more…)
#Asian Infrastructure Investment Bank#World Bank
YapıKredi Factoring has been designated Turkey’s Best Factoring Company at... (more…)
#awards#Corona#COVID-19