Turkey

Banks in Turkey are in competition to extend as many loans as possible to businesses, after being

Minister of Industry and Commerce Nihat Erg n announced six new support programs to counter the problems faced by Turkey s small- and medium-sized companies

Cengiz Ucbasaran, General Manager of Garanti Factoring in Turkey, provides Factorscan with an overview of the Turkish factoring market, outlines its continuing success in the face of the recent global economic turmoil and gives reasons to believe that there are positive developments to expect in 2010.

Garanti Factoring has reported a 23 per cent increase in earnings for the first quarter, with a net profit of

The Turkish Union of Chambers and Commodity Exchanges (TOBB) and Halkbank are to provide over

The European Investment Fund and Kredi Garanti Fonu (KGF) have signed a 45 million guarantee agreement under the Competitiveness and Innovation Framework Programme (CIP) helping

Hale Dalyan, Secretary General of the Turkish Factoring Association, provides Factorscan with an overview of the Turkish factoring market, covering industry environment, market performance, supply and future trends.

Small and medium-sized enterprises are showing signs that the recession is still alive in the Turkish economy.

The Factoring Association of Turkey experienced a 26 per cent growth in turnover in 2009, ending the