Turkey's Sekerbank secures US$10m loan from Wachovia Turkey's Sekerbank has received a loan of US$10m from Wachovia Bank to support its efforts to create a funding source for SMEs and micro-enterprises.
TEB distributes French-funded low-cost loans to SMEs The Turkish Economy Bank (TEB) in late April began distributing 40m from the French Development Agency (AFD) in the form of low-cost loans to small and medium-sized enterprises.
World Bank executive warns Turkey on next two years A senior World Bank executive said on Monday that the next year or the coming two years might pose some difficulties for Turkey.
Upcoming Turkey - An insider's view Factoring in Turkey is booming - Garanti Factoring based at the centre of the industry give the outlook for this year.
German bank to give EURO 90m in loans to Turkish SMEs German state-owned development bank KfW has said it would give 90m in loans to SMEs in Turkey via Turkish banks.
Atradius opens Istanbul headquarters Atradius, aims to conquer 30% of the Turkish credit insurance market in the future.
Halkbank loans to merchants will be increased Prime Minister Recep Tayyip Erdogan has indicated that loans provided by Halkbank to merchants and artisans will be increased.
YTL 628m in incentives to SMEs The Turkish Treasury has approved 674 applications for new investment projects.
Atradius receives Credit Insurance Licence in Turkey Atradius has received a licence for operating domestic and export credit insurance business in Turkey.
Small businesses miss out on EUR3.5bn Turkish SMEs failing to show much interest in the 7th Research Framework program developed by the EU have missed out on €3.5bn of funds.
