Export credit agencies

A Turk Eximbank committee last week met investors with business volume worth more than $1 trillion in the U.S., the bank said on Feb. 26.

Turk Eximbank has stepped up its road shows to raise medium- and long-term financing to support Turkish exporters.

Turk Eximbank has gained resident member status in the Asian Exim Banks Forum (AEBF), a regional group of export-import institutions, the bank announced on Nov. 15.

The China Development Bank provided a three-year loan of $200 million to Türk Eximbank to support efforts to boost Turkish exports, the state-owned Eximbank announced on July 26.

In a statement, Türk Eximbank said both banks also agreed to enhance cooperation in a variety of fields, including foreign trade and project finance. 

Turkey's Rönesans Health Investment and Japan's Sojitz have concluded a $1.5 billion (163 billion Japanese yens) financial deal with eight international investors for their joint city hospital in central Istanbul. 

Turkey's Eximbank is set to pour $40 billion in loans and insurance into more than 100,000 companies in 2017 and to launch its own rating system to measure companies' eligibility for loans, the head of the organization has said. 

The Islamic Development Bank (IsDB) has said it agreed to loan $270 million to Turkish Eximbank in a statement on Dec. 30. 

The loan is to finance Turkish export companies and it will be guaranteed by the treasury.

Turkish Eximbank is the official export credit agency of the Turkish government.

Türk Eximbank has signed syndicated loans worth 500 million euros with the participation of 26 banks, it announced in a written statement on July 21. 

Türk Eximbank, the official export credit agency of the Turkish government and Turkey?s major export incentive instrument, thus refinanced transactions worth 330 million euros that were due on July 16, the statement added. 

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, has announced that it will help Turkish Eximbank provide medium- and long-term funds to Turkish exporters.

Bulgarian Development Bank and The Export-Import Bank of China signed a cooperation agreement for investments promotion for Chinese and Bulgarian companies, Wednesday.

The agreement was signed in Beijing during the visit of the Bulgarian delegation to China, led by the Deputy Minister of Economy and Energy Krasin Dimitrov, the Ministry of Economy and Energy informed.