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Turkey

Aktif Finans Factoring Assigned ‘BB Minus’ Foreign Currency Rating

The international rating agency, Fitch, has assigned a senior unsecured foreign currency rating of ‘BB-’ (BB minus) to Aktif Finans Factoring and a senior unsecured local currency rating of ‘BB’. The company was also assigned a national rating of ‘BBB+(tur)’....

First Half Figures from Turkish Factoring Association

The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total…


Disappointment as Inflation Continues to Increase.

A report on 3 August 2000 has revealed that there has been a 2.2% increase in consumer price inflation for…

#inflation


Reduced Margins could Dramatically Reduce Numbers of Factors

The government has succeeded in reducing interest rates to between 25-35%, which means that factors are having to operate under…


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