The journey of FCI Çagatay Baydar FCI Chairman General Manager of TEB Factoring Turkey
FCI History Video https://vimeo.com/276279961
FCI Mission FCI Vision Statement FCI’s Vision is to be the Global Association for the Open Account Receivables Finance Industry. FCI Mission Statement Receivables Finance is the core focus of the association and includes Factoring, Invoice Discounting and other Supply Chain Finance solutions. FCI is the Global Voice for Open Account Receivables Finance: FCI facilitates and promotes International Factoring through a Correspondent Factoring platform. FCI actively supports the growth of the Industry and works jointly with policy makers and stakeholders worldwide FCI promotes best industry practices through education FCI publishes Information & Statistics about the Industry FCI endorses financial stability, the prevention of financial crime and respect for regulatory compliance and conduct
Six Pillars of FCI NETWORK LEGAL EDUCATION PROMOTION COMPLIANCE INFLUENCE
FCI Members : close to 400 in 90+ Countries FCI+ Members active in Two-Factor FCI+ Members not active in Two-Factor
Membership : 4 types Full Members (Two-Factor activity of at least 20 mio EUR per year and minimum 1 mio EUR in both EXP and IMP - or Two-Factor Activity of 40 mio EUR IMP or EXP only) Associate Members : active, but no minimum turnover Trading Members (active on the Two-Factor system): Affiliate Members Non-Trading Members (not active in Two-Factor): Sponsors (Service Providers to the Industry)
Marketing Legal legal
Key Figures of CEE Region Number FCI Members % of Member ship Factoring Turnover 2017 Million € % of Turnover EUROPE 169 45% 1,701,939 65% CEE 73 20% 143,759 5,5%
Last week in Istanbul Turkey Bridging the Continents: International Regional Factoring Conference for CEE, SEE Annual event in the CEE region to update on the latest trends CEE region is evolving strongly
Where can I find more information about FCI? https://www.linkedin.com/groups/2175590 https://www.facebook.com/FCIfactoring/ https://twitter.com/fci_factoring
Thank You!