Lending to SMEs increasing rapidly

The share of total bank loans going to small and medium sized enterprises ( SME in English, or KOB I in Turkish) is increasing fast to 25 percent overall, and 40 percent for certain individual banks.

Halkbank to grant loans to SMEs without complicated procedures

Halkbank, one of the largest public banks in Turkey, has prepared a package of easy loans for small and medium-sized enterprises (SMEs). The special bank credit plans within this package will be based not on the conventional banking principles, like high turnover and a strong balance sheet, but instead on trust.

SMEs' access to finance eased

The Turkish Union of Chambers and Commodities Exchanges (TOBB) and the Turkish Development Bank (TKB) signed a protocol of cooperation yesterday in Istanbul for a joint study to assess the