EBRD to have greater focus on SME foreign trade

The European Bank for Reconstruction and Development (EBRD) Trade Facilitation Programme (TFP), Trade Finance Forum to place at the Tukiye IS Bankasi AS Auditorium in Istanbul last week.

Fibabanka gets factoring license

The Turkish Banking Regulation and Supervision Agency (BRSA) has granted Fibabanka Inc. permission to commence factoring operations.

EBRD to decide on Ђ400m framework operation launch in Turkey

The European Bank of Reconstruction and Development (EBRD) is considering launching a framework operation valued at up to 400 million under which the Bank will provide funding to at least four commercial banks in Turkey for on-lending to private sector SMEs operating in the agribusiness sector (TurAFF).

The Turkish Factoring Industry

Cengiz çbasaran, General Manager and Board Member, Garanti Factoring, provides an overview of the Turkish factoring market, covering industry environment, market performance, supply and future trends, for the World Factoring Yearbook 2011.