Turkey

Non-banking institutions, including financial leasing, factoring and financing companies, increased their consolidated profit by 16.7 per cent to 1.35bn Turkish Liras in the first nine months of the year compared to the same period of last year due to a sharp rise in demand from the real sector

The EBRD is boosting support for cross-border trade in Turkmenistan with its first regional trade finance facility for a private bank in the country

The European Bank for Reconstruction and Development (EBRD) is extending USD100m in new financing to Turkey’s Finansbank to support SMEs in the agricultural regions of Turkey

International credit rating agency Fitch, has increased the credit rating of Garanti Factoring A.S

Figures released for Turkish factoring market, along with performance details for the leading factoring provider

Financing will be used to serve micro and small-sized businesses

Turkish factor reveals figures for 2014 financial year

Turkish factoring company receives updated national credit rating

Turkey economy minister says rates must come down and government will take measures if necessary

Hulki Kara, General Manager of Garanti Factoring, reflects on his company becoming the market leader for factoring in Turkey