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The Small and Medium Industry Development Organisation (KOSGEB) will provide Ђ60,000 in grants to small- and medium-scale enterprises (SMEs) operating in the manufacturing industry in order to support their export activities. KOSGEB will grant Ђ10,000 for exports consultancy, Ђ5,000 for...
Ibrahim Karaoglu, chairman of the Board of Directors of the Kocaeli Association of Active Industrialist Businessmen (KAAIB), addressed the problems…
Turkey's Export-Import Credit Bank announced a three per centage point cut in interest rates effective Friday, 15 August 2003. In…
Industrial output rose by 11.7 per cent in June when compared to the same month last year, above market expectations…
#bank#exporters#exports
The lira has firmed over 10 percent against the dollar since the start of the year. It traded at some…
Mr. Tuluy Uluрtekin, formerly of the Saving Deposit Insurance Fund (SDIF), has been appointed chairman of the Board of Directors…
The presence of three cabinet ministers at a recent World Bank seminar on non-bank financial institutions was intended to underline…
#bank#conference#financial services
Italy's Unicredito Italiano SpA on Monday bought 50%of Turkey's Koc Financial Services AS, which owns the private bank Kocbank, a…
The Turk Ekonomi Bankas group has released its consolidated balance sheet for the year ended 31 December 2001. The statement…
Unicredito Italiano SpA said it has reached an agreement to buy a 50% stake in Koз Financial Services, a unit…
#bank#financial institution#financial services
Demir Factoring, the largest of Turkey’s 95 factors with 8.9% market share in 1999, is facing an uncertain future. Whilst…
Turkey’s Factoring Turnover (US$m) 30/06/2000 30/06/2001 Export 360,086 397,382 Import 16,770 10,120 International 376,856 407,502 Domestic 1,925,234 1,191,847 Total 2,302,090 1,599,349 For further analysis of the Turkish factoring Industry in the wake of the…
The rumour-mill regarding the future of Demir bank, the owner of one of the Turkish factoring industry’s major players, is…