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.
Clickherefor more detailed information about Turkish factoring sector transaction volumes.