Vakif Faktoring Stock

Vakif Faktoring AS is a Turkey-based company, which provides factoring and related services. The Company offers domestic services and foreign trade services. Vakif Faktoring’s domestic activities include funding (conversion of commercial receivables into cash without waiting until due date by making prepayment according to the needs of the firms), guarantee (situation where risk of nonpayment of the receivable by the factoring debtor is undertook by the financial institution under certain conditions), and commercial collection management (keeping receivable accounts and records and following up collections). Its foreign trade activities include export factoring and import factoring services. Vakif Faktoring serves a wide range of clients from SMEs (Small and Medium Enterprises) to corporate firms with international scale.