Türk Eximbank receives $380.5 mln loan
ANKARA – Anadolu Agency
The syndicated murabaha (interest free) financing deal was signed on Feb. 20, Trade Minister Ruhsar Pekcan said in a statement.
"We aim to boost Türk Eximbank's export financing support by 10 percent year-on-year in 2019, in order to further support to small- and medium-sized enterprises (SMEs)," she added.
Thus, the ratio of SMEs supported by Türk Eximbank will be increased to 75 percent this year, from 70.7 percent in 2018, Pekcan noted.