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Fiba Faktoring
ABOUT FACTORING
The Factoring Sector in Turkey

Some of the principal developments that took place in the sector during 2019 are summarized below.

  • Total transaction volume in 2019 amounted to TRY 129,2 billion of which 85% was domestic and 15% was international factoring.
  • As of end-2019, there were 56 companies active in the Turkish factoring sector with 19 of them operating also in international factoring. As of year-end, factoring sector serves with 352 branches and 83,687 customers.
Click here for more detailed information about Turkish factoring sector transaction volumes.



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