“One of the most pressing issues today is the cost of the proposed financing, as the high hedging costs reduce the competitiveness of non-bank financial companies in the market,” he pointed out.
Board Chairman of AMFA also mentioned that the association had implemented more than 50 international projects.
“A regional microfinance conference will be held in Istanbul on June 29-30, and many NBFCs are expected to attend. There are also meetings with investors planned as part of the event,” he added.