Turkey

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, 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.

Changes to the factoring regulations will commence in 2006 and will continue in 2007, and this will resolve many of the problems currently affecting Turkish factoring

The Banking Regulation and Supervision Board (BDDK) granted permission to the Istanbul Branch of the ABN AMRO NV for factoring and forfeiting transactions

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

A package called the Anatolia Approach, devised to help solve the financial problems of 70,000 small- and medium-sized enterprises (SMEs), is on the way

The Banking Regulation and Supervision Board (BDDK) granted permission for factoring and forfeiting transactions to HSBC Bank

A bill that allows the establishment of the Financial Crimes Research Council and seeks to eliminate money laundering was passed by Parliament's General Assembly late on Wednesday. The new council will be

Banking Regulatory and Supervisory Authority (BDDK) approved the sale of 75% shares of Denizbank to Dexia

Kocfaktor has been ranked best export finance servicer at the 38th annual general meeting of the Factors Chain International (FCI)