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Fiba Faktoring
ABOUT FACTORING
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.

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