Factoring Industry in Turkey
The basic data of the sector for 2023 are summarized below.
- The total transaction volume in 2023 is 819,9 billion TL, of which 91% is domestic and 9% is foreign transactions.
- At the end of 2023, 14 of the 49 factoring companies operating I do international transactions. As of the end of the year, the number of customers and the sector serving with a total of 365 branches is 71,614.
For more detailed information about the transaction volumes of the Turkish factoring sector, please visit http://www.fkb.org.tr.