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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…
#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