Turkey's Ziraat Bank secures $600M loan from China
- Economy
- Anadolu Agency
- Published Date: 12:00 | 14 December 2017
- Modified Date: 01:12 | 14 December 2017
Turkey's Ziraat Bank announced on Thursday it has secured a $600-million loan agreement with China Development Bank (CDB).
The bank said an agreement had been signed for the first part of the three-year-term loan -- $200 million.
The rest of the loan --$400 million -- is planned for the first quarter of 2018, the bank stated.
OTHER ECONOMY NEWS