The international rating agency, Fitch, has assigned a senior unsecured foreign currency rating of ‘BB-’ (BB minus) to Aktif Finans Factoring and a senior unsecured local currency rating of ‘BB’.
The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows:
A report on 3 August 2000 has revealed that there has been a 2.2% increase in consumer price inflation for July.
The government has succeeded in reducing interest rates to between 25-35%, which means that factors are having to operate under very small margins.
