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Turkey

Turkey revises restrictions on foreign currency loans

Turkish residents with no foreign currency income are generally prohibited from making foreign currency loans, either from... (more…)

#banks#financial institutions#international

Tax neutrality for Islamic finance needs refinement

For countries wanting to enable Islamic finance within their borders, a key requirement is tax legislation to provide for... (more…)

#cash-flow#interest rate#Paid


Turkey updates rules for factoring, leasing, and finance companies

The Turkish Banking, Regulation and Supervision Agency ("Agency") has amended rules for financial leasing, factoring and... (more…)

#banks#financial institutions#interest


Turkey introduces electronic invoices and archives for financial factoring...

Turkey's Banking Regulation and Supervision Agency has announced a series of changes, allowing electronic invoices... (more…)

#einvoice


Factoring company announces US$3m finance facility for a Turkish...

DS-Concept has provided a € 3 million facility to a recently opened ready-made garment manufacturer in Turkey. The company exports…

#exports#international#International Trade


DS-Concept provides US$1.5m export factoring facility

DS-Concept, a global commercial finance company that specializes in international non-recourse factoring, has provided a... (more…)

#cash-flow#commercial finance#international


New regulation on sale of frozen receivables in Turkey

On August 11, 2017, Banking Regulation and Supervision Agency (BRSA) issued a new regulation named as “Regulation on Selling of…

#bank#cash-flow#management


S4FN brings SAP e-invoicing add-on to Turkey

In the past, paper invoices mainly relied on laborious manual processing wherein people were being charged with extremely high rates…

#e-invoices#invoice#Microsoft


Cooperation extended between leading factoring company and Coface

In order to offer companies financing and credit management in the same time,... (more…)

#insurance#management#trade


Factoring specialist joins Turkish Group

Experienced executive Yagmur Satana has been appointed as a board member and vice chairman of the executive board of... (more…)

#management#risk#risk management


Garanti Factoring the FCI Best Export Factor of 2016

Garanti Factoring was elected as The Best Export Factoring Company of 2016 by Factors Chain International (FCI), second year in…

#international


New SCF service in Turkish finance sector

FIT Solutions has announced that it has released its latest e-Finance Supplier Finance solution which it reports provides services to…

#interest rates#invoice#invoice payment

Arena Factoring joins FCI

FCI has announced that Arena Factoring A.S. based in Istanbul, Turkey is its newest Associate Member. (more…)

#financial institutions#international

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