Ekspo Faktoring A.Ş. was establieshed in June 2000 with
an initial capital of TL 1,000,000,000,000.
Gürbüz Tümay acting as the Founding Chairman played
an important role in the development Turkey's private
banking sector and held the Chairman's seat in İktisat
Group for nearly 15 years. During the General Assembly held on March 14 2004,
Board decided to increase total paid in capital TL 10,000,000,000,000.
Ekspo thru its years in operation continually increased its balance sheet and 2008 its assets size had reached 123 million YTL.
As the leading drving force of its growth the firm also continously expanded its capital thru its retained earning s and today the firm has one of the highed paid in capital in the Turkish factoring sector.
In the year 2008 Mr. Murat Tumay who long has been the General Manager had been appointed as the Chairman of the firm.
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