Business

25 million dollars of collaboration agreement from Albaraka Türk

Albaraka Türk Deputy General Manager Serhan Yıldırım said, “This loan agreement we signed with Saudi Exim Bank will contribute to the foreign trade volume between the two countries reaching the level of 30 billion dollars declared by the official authorities.”

Albaraka Türk signed a cooperation agreement worth 25 million dollars with Saudi Exim Bank.

According to the statement made by the bank, Albaraka Türk Deputy General Manager Serhan Ylldırım and Saudi Exim Bank Deputy General Manager Dr. With the cooperation signed by Naif A. Alshammari, Albaraka Türk customers will be able to provide financing with a maturity of up to 2 years and competitive prices for the supply of raw materials sourced from Saudi Arabia.

Serhan Yıldırım, whose views were included in the statement, said, ‘This loan agreement we signed with Saudi Exim Bank, as a reflection of the constructive dialogues and mutual business visits between Turkey and Saudi Arabia under the leadership of our economic management recently, brings the foreign trade volume between the two countries to the level of 30 billion dollars declared by the official authorities. will contribute to its achievement. As Albaraka Türk, since the first day we were established, we aim to cooperate with similar organizations in 2024 in order to facilitate our customers’ access to finance while acting with the aim of supporting their foreign trade transactions.’ he said.

source: aa.com.tr

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