ISTANBUL — Türk Eximbank has secured a syndicated loan worth $830 million, reinforcing its access to international funding as it continues to finance Turkey’s export sector.
The transaction, structured in euro- and U.S. dollar-denominated tranches with maturities of one, two and three years, achieved a 129% rollover ratio, making it one of the bank’s strongest external funding transactions of the year. A total of 32 international banks participated in the syndication, including nine institutions joining a Türk Eximbank transaction for the first time.
According to the bank, the proceeds will be used to finance Turkish exporters operating in the real sector, supporting production, investment and employment. The successful completion of the deal comes despite continued geopolitical risks and volatility in global funding markets, underscoring international investors’ confidence in both Türk Eximbank and Turkey’s export-led growth strategy.
The one-year tranche of the syndicated facility was structured as a sustainability-linked loan, aligning financing with environmental and social objectives. The facility is intended to support small and medium-sized enterprises exporting environmentally friendly products, as well as women-led exporting businesses, reflecting the bank’s commitment to sustainable and inclusive export finance.
Türk Eximbank said it has raised $5.1 billion in international funding since the beginning of 2026 through its active presence in global loan and capital markets, enabling it to continue providing long-term and diversified financing to Turkish exporters.
Chief Executive Officer Ali Güney said the strong participation in the syndication demonstrates international financial institutions’ confidence in the bank’s balance sheet, risk management practices and Turkey’s production capacity.
“The 129% rollover ratio and the participation of nine new international banks are concrete indicators of the confidence placed in Türk Eximbank and Turkey’s manufacturing strength,” Güney said. He added that the funding would help exporters expand into new markets, finance higher value-added production and contribute to the country’s sustainable economic growth.
Source: Bloomberght/ Prepared by: İlayda Gök