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The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz Ünal, Deputy Secretary General, Factoring, The Association of Financial Institutions in her last article included in the most recent edition of the World...
#international#invoice#purchase order
Provenir, a global leader in AI-powered risk decisioning software, today announced that Figopara, an online marketplace for invoice financing, has…
#AI#credit risk management
Some Turkish factoring companies have charged record rates for their facilities before this weekend elections (more…)
#interest rate
The upcoming general election in Turkey could prove a turning point for the... (more…)
#Atradius
The European Bank for Reconstruction and Development (EBRD) is providing Türkiye’s Tam Finans Factoring A.S. with... (more…)
#TFP
On February 6, the south eastern provinces of Türkiye were hit by earthquakes that killed over 40,000 people in Türkiye…
#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…
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