Finansal Kurumlar Birliği

What Finansal Kurumlar Birliği does

Finansal Kurumlar Birliği (FKB, the Association of Financial Institutions) is a quasi-governmental professional association (kamu kurumu niteliğinde meslek kuruluşu) established under Turkish Law No. 6361 on November 21, 2012. It serves as the statutory umbrella organization for Turkey's non-bank financial sector, representing five sub-sectors: Financial Leasing, Factoring, Financing, Savings Finance, and — since August 2021 — Asset Management Companies. Its membership spans 9 savings finance companies, 28 asset management companies, 24 financing companies, and a broader base of factoring and leasing firms operating in Turkey.

FKB operates a small proprietary technology stack centered on industry data aggregation and member services. Core platforms include the FKB Economic Outlook Index (a proprietary leading indicator for the Turkish economy), Contract Registration for financial leasing agreements, the Central Invoice Registry for factoring transactions, a Documentary and Non-Documentary Export Credits Module, and FKBulut Ortak Veri Merkezi — a cloud-based joint data center co-developed and operated with technology partner Koç Sistem. The association also publishes an unbroken series of annual activity reports (2013–2025), sector reports, and training materials, and runs academic and international cooperation programs with Marmara University (MÜSEM), Istanbul Commerce University, Ibn Haldun University, and Leaseurope.

FKB's business model is membership-fee funded (subscription/recurring), drawn from member institutions in the five represented sectors. It does not sell financial products directly; rather, it provides regulatory support, sectoral statistics, training, and operational infrastructure (contract registration, centralized invoicing, cloud data services) to its members. Pricing for external parties is not publicly disclosed, consistent with its closed, regulated membership model. The association is governed by a Board of Directors (currently chaired by Ali Emre Ballı, elected May 2022) and managed through a General Secretariat; no external shareholders or investors exist.

Name

Finansal Kurumlar Birliği

Legal name

Finansal Kurumlar Birliği

Website

https://fkb.org.tr

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Finansal Kurumlar Birliği (FKB) is a Turkish statutory professional association that serves as the umbrella body for the country's non-bank financial sector — covering Financial Leasing, Factoring, Financing, Asset Management, and Savings Finance companies — funded by member dues and providing regulatory support, sector data, and shared platforms.

Ownership category

akta.pro rank

Product category

Financial Services Trade Association

NAICS

Depository Credit Intermediation (5221), Commercial Banking (522110), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Finance Services (6199), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Risk, Controls & Governance (GRC) Platforms (FSAFAOAG)

akta.pro secondary industries

SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI), Regulatory Reporting & Recordkeeping (AML/CTF) (FSAMAMAG), Technical Assistance, Policy Lending & Capacity Building Programs (BPADACAN)

Keywords

• Non-bank financial association
• Leasing sector representation
• Factoring industry body
• Savings finance regulation
• Financial sector umbrella

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Membership Fees: Association operates as a professional organization funded through membership fees from member companies in financial leasing, factoring, financing, asset management, and savings finance sectors

Distribution channels1 record

Marketing channels5 records

Core offering

Finansal Kurumlar Birliği (FKB) is a statutory professional association serving as the umbrella organization for Turkey's non-bank financial sector, representing Financial Leasing, Factoring, Financing, Asset Management, and Savings Finance companies. It provides regulatory guidance, contract registration services, a central invoice registry for factoring, industry statistics, economic outlook indices, training programs, and a shared cloud data center platform for its member companies. The association is funded by membership fees from member firms operating in these five financial sub-sectors.

Product overview

Finansal Kurumlar Birliği (FKB) is a professional association representing Turkey's non-bank financial sector, serving as the umbrella organization for five core sectors: Financial Leasing, Factoring, Financing, Asset Management, and Savings Finance. The association operates as a platform offering core financial services through its member companies, supplemented by supporting modules including the FKB Economic Outlook Index (a leading economic indicator), Training programs, Contract Registration services for leasing agreements, Central Invoice Registration for factoring, and an Export Credits Module. The organization also publishes comprehensive annual activity reports and sector-specific data covering the member companies across all five sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• FKB Ekonomik Görünüm Endeksi (FKB Economic Outlook Index) An economic outlook index serving as a leading indicator to contribute to the Turkish economy, developed and published by the association for industry and public use.
• Eğitim (Training Programs) Educational services, training programs, seminars, and professional certification courses for member companies and professionals in the non-bank financial sector.
• Sözleşme Tescili (Contract Registration) Centralized contract registration service for financial leasing agreements conducted and recorded at FKB, providing legal validity and traceability.
• Merkezi Fatura Kaydı (Central Invoice Registration) Central invoice recording system for factoring services, providing transaction traceability and supporting risk control for domestic and international trade.
• Belgeli ve Belgesiz İhracat Kredileri Modülü (Documentary and Non-Documentary Export Credits Module) Operational module maintained by FKB to support member companies in processing documented and non-documented export credit transactions.
• Birlik Faaliyet Raporları (Association Activity Reports) Annual activity reports published by the association from 2013 to 2025, providing consolidated sector data, regulatory commentary, and membership activity disclosures.

Quantifiable outcome

• 3.8 Trillion TL total transaction volume in 2025
• +1 more outcomes

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Koç SistemcoreTechnology or IntegrationPartnership for development and operation of FKBulut Ortak Veri Merkezi (FKB Cloud Joint Data Center), a cloud-based data management platform for the association's industry data
• LeaseuropeminorStrategic or Co-development PartnerEuropean leasing association membership, providing international networking and best practice sharing for Turkish leasing sector
• Marmara UniversityminorStrategic or Co-development PartnerEducational cooperation through MÜSEM (Marmara University Continuous Education Center) for professional certification programs
• Istanbul Commerce UniversityminorStrategic or Co-development PartnerAcademic cooperation for training and professional development programs
• Ibn Haldun UniversityminorStrategic or Co-development PartnerAcademic partnership for research and development in savings finance sector

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• National Equipment Finance Association (NEFA): A US-based non-profit for independent equipment leasing and finance companies, providing networking, education, and advocacy. Comparable in scope and size to FKB's leasing-sector functions, though focused on a sub-segment of the US equipment finance market.

Broad incumbents

• American Financial Services Association (AFSA): US national trade association for the consumer and small-business financial services industry, including lending, leasing, and financing. Broad peer in industry advocacy and member services, though covering a wider portfolio than FKB's non-bank finance focus.

Direct peers

• Equipment Leasing and Finance Association (ELFA): The US trade association for the equipment finance industry, providing advocacy, industry data, and member services. Peer in financial-leasing sector representation and industry data publication, though focused on the US market.
• Factors Chain International (FCI): The global representative body for the factoring and receivables finance industry, providing cross-border factoring networking, education, and statistical reporting. FKB performs a comparable role for the Turkish factoring sector through its Central Invoice Registry (Merkezi Fatura Kaydı).
• Leaseurope: The European Federation of Leasing Company Associations, representing the leasing industry across Europe. FKB is a member of Leaseurope, making it a direct peer in the role of industry trade body for financial leasing, with comparable advocacy, statistical reporting, and best-practice sharing functions.
• Commercial Finance Association (CFA): North American trade body for the asset-based lending and factoring industries. Comparable to FKB in its advocacy, education, and data-publication role for factoring and short-term commercial credit, with overlapping membership categories.

Regional players

• Türkiye Bankalar Birliği (Banks Association of Turkey): The Turkish banking industry's official trade body, established by law as the umbrella organization for Turkish banks. Direct functional peer to FKB in Turkey, representing the parallel bank-based financial sector with same advocacy, data, and standards-setting mandate.
• European Factoring Association (EFA): European regional association for factoring companies, focused on advocacy and education. Comparable to FKB's factoring-sector representative role but at the European level rather than a single national jurisdiction.
• Türkiye Sermaye Piyasaları Birliği (Turkish Capital Markets Association): Turkish trade association for capital markets intermediaries. Comparable Turkish institutional peer to FKB in statutory mandate, industry data publication, and member-services role, though focused on securities and capital markets rather than non-bank credit.
• Sigorta Bilgi ve Gözetim Merkezi (Insurance Information Center of Turkey): Turkish insurance industry's information and supervision center. Analogous to FKB in providing industry-wide data infrastructure, regulatory support, and statistical reporting for the insurance sector in Turkey.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/FinansalKB
• YouTubeyoutube.com/channel/UCtCQyF4cDy3QCZSPyFKfLKg
• Facebookfacebook.com/FinansalKB
• LinkedInlinkedin.com/company/finansalkb
• Instagraminstagram.com/finansalkurumlarbirligi

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Finansal Kurumlar Birliği