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Turkey

Fitch simultaneously affirms and withdraws Ekspo Faktoring rating

RPT-Fitch Affirms Ekspo at 'BBB+(tur)'; Withdraws Rating. (more…)

Turkish exporters receive boost following signed protocol agreement

Aimed at increasing the competitiveness of exports and exporters, the Turkish Exporters Assembly (TIM), TURK EXIMBANK and the Turkish Factoring…

#bank#exporters#international


Iktisatbank launches factoring subsidiary

A factoring company from Northern Cyprus has received an operating licence. (more…)


Factoring, leasing firms grow

Turkey's factoring, leasing and consumer financing companies have showed considerable growth year-on-year, along with their rising net profits, according to…

#leasing#regulation


Fortis and TEB Factoring merger finalized

Fortis and TEB Factoring have signed share purchase agreement. (more…)

#bank#regulation


EBRD invests as TAM Faktoring makes its mark in...

The market situation in Turkey provides a welcome change from the wider Europe perspective where the factoring industry is facing…


Turkish Eximbank targets USD30bn in export loans in 2013

The state-owned Export Credit Bank of Turkey, known as Eximbank, plans to provide US$30 billion in export loans in 2013,…


Tam Faktoring gets new investor

EBRD purchases 9.5 per cent of Vector Yatirim Holding, who has full ownership in Tam Faktoring. (more…)

#bank#regulation#Two


Factoring and leasing legislation comes into force

Law No. 6361 requires the Turkish Financial Leasing Association, Factoring Association and the Consumer Financing Companies Association to form a…

#banks#international#leasing


EBRD signs up to asset-guaranteed bond programme

The European Bank for Reconstruction and Development (EBRD) is supporting the continued flow of credit to SMEs and local capital…

#bank#bank loan#international


Ulusal Faktoring broadens investor base with inaugural Turkish bond...

Ulusal Faktoring A.S., an Istanbul-based independent non-bank financial services company, has announced the successful close of its inaugural domestic bond…

#bank#financial services#international


Faktoring Dernegi holds its First International Factoring Conference

Factoring Dernegi, the Turkish factoring association, held its first international factoring conference in Istanbul last week entitled 'Factoring: Bridging Global…

#bank#Cagatay Baydar#exporters

Turkish Exporters Assembly to support international factoring

The Turkish Exporters Assembly confirms its support of international factoring development. (more…)

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