Turkey: A burgeoning factoring market gaining a good image

Erkan Coplugil, Executive Vice President at Garanti Faktoring Hiz. A.S. offers his views on the Turkish factoring market in an interview with Michael Bickers for Factorscan. Garanti Faktoring is one of the first factoring companies in Turkey and is a member of one of Turkey's largest financial services groups.

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Factoring, leasing firms grow

Turkey's factoring, leasing and consumer financing companies have showed considerable growth year-on-year, along with their rising net profits, according to data from the Banking Regulation and Supervision Agency (BDDK).