Turkey

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)

The lifting of the 15 per cent excise tax for foreign investment failed to reduce tensions in the foreign currency market

CCH International PLC, the trade finance group, has arranged financing facilities worth

The Banking Regulation and Supervision Authority (BDDK) has announced it would take action against informal business at leasing, factoring, and consumer financing sectors. BDDK chairman Tevfik Bilgin has stated that they would regulate and supervise these sectors as well, just as the banking sector

Koc Faktoring, a company of Koc Financial Services (KFH), received US$60m syndication credits from international markets to use in

Turkey's total volume of factoring increased 48.8 per cent in 2005, according to Factors Chain International

Fortis Bank A.S announced that it will sell its 99% stake in Fortis Factoring for