According to the 9-month consolidated data of factoring, financial leasing, financing and asset management companies under the Association of FINANCIAL Institutions (FKB), transaction volumes were ₺199 billion, while the non-bank finance sector grew by 25% in 9 months. FKB announced the 9-month consolidated data of factoring, leasing, financing and asset management companies. Accordingly, the transaction volume of the four sectors under the umbrella of FKB was ₺199 billion, total assets ₺182.4 billion, shareholders’ equity ₺33.8 billion, and the number of customers 7.1 million. The 9-month growth of the non-bank finance sector was 25%. FKB Chairman Aynur Eke stated that the transaction volume of the non-bank financial sector grew by 45% compared to the same period of the previous year, and stated that a good test was given in the fluctuating process also triggered by the global epidemic. Explaining that the effects of the epidemic have decreased relatively, Eke said, “Economic growth gained momentum with the base effect. There are also significant increases in the volumes of the sectors within the body of the FKB. The receivables of the financial leasing sector amounted to ₺63.7 billion, and the asset size was ₺80.3 billion.”
Source: Sabah / Translated by Irem Yildiz
