Turkiye’s Eximbank signed a 140 million euro ($152 million)syndicated loan agreement under the insurance of Nippon Export and Investment Insurance (NEXI) with 10-years maturity, the bank said on Tuesday.
In a statement, Turk Eximbank said the financing from commercial banks, with a repayment guarantee of the treasury, will be used to bolster trade activities between Turkish exporters and Japanese firms.
The financing facility, will also support SME exporters,women-inclusive exporters, and environmentally conscious exporters producing green products, the statement said.
($1 = 0.9214 euros)
Source: reuters
Image:bstdb
