Turk Eximbank secures €186M in syndicated loans
- Economy
- Anadolu Agency
- Published Date: 12:00 | 22 June 2017
- Modified Date: 04:18 | 22 June 2017
French financial services company Societe Generale are global coordinators for the financing which will support Turk Eximbank's provision of medium- and long-term funds to Turkish exporters.
Adnan Yildirim, general manager of Turk Eximbank, said the move was in line with their strategy of diversification funding and increasing their mid-to-long term credit portfolio.
The volume of the Turk Eximbank's syndicated loan usage reached $1.7 billion in the first half of the year.
"The financing reflects trust in Turk Eximbak and the Turkish economy," Yildirim said.