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Fiba Faktoring
The Factoring Sector in Turkey

The Turkish factoring sector’s rapid growth continues
Some of the principal developments that took place in the sector during 2017 are summarized below.

  • Total transaction volume in 2017 amounted to USD 38,4 billion of which 81% (USD 31,1 billion) was domestic and 19% (USD 7,3 billion) was international factoring.
  • As of end-2017, there were 61 companies active in the Turkish factoring sector with 18 of them operating also in international factoring. As of year-end, factoring sector serves with 388 branches and 4,778 employees and 109,658 customers.

Click here for more detailed information about Turkish factoring sector transaction volumes.