Trade Finance Global spoke with Çağatay Baydar, Chairman at FCI and Irina Tyan, Principal Banker, TFP at the EBRD about factoring and SCF.
Çağatay Baydar has 37 years of professional experience in financial institutions, such as banking, factoring, leasing, real estate development and auditing. He has been working for the factoring industry for over 34 years, being one of the pioneers who introduced factoring to Turkey. Presently, he is the Executive Chairman of TEB Factoring, the largest export factor of Turkey, one of the biggest of the world and a joint venture of a world wide financial group, BNP PARİBAS. TEB Faktoring has been chosen seven times “The Best Export Factor” of the year by the members of FCI. Çağatay Baydar is the former chairman of FCI between the years 2011 – 2013, 2016 – 2019, and has been elected 3rd times as Chairman of the Executive Committee of FCI, the biggest factoring chain of the world.