Perspective
19 February 2015
Turkish factoring gets a boost with EBRD financing
Region:
Middle East & Africa
The European Bank for Reconstruction and Development (EBRD) is extending a local currency loan (Turkish lira) for the equivalent of €10 million ($11.2 million) to Ulusal Factoring. Ulusal is the fifth largest non-bank owned factoring company in Turkey, with over 15 years of operating experience in the factoring sector.
