Turk Eximbank
Türkiye | Financial Institutions- Identification Code:
- OP/18/0048
- Total Operation Cost:
- 50.000.000 EUR
- Maturity:
- 24 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date50.000.000 EUR – 04 Oct 2018
-
BSTDB Signed Amount – Signed Date50.000.000 EUR – 19 Oct 2018
-
Status:Completed
- Description and Purpose of the Operation:
- Turk Eximbank
- Countries of Operation:
- Türkiye (100,00%)
- Financial Product:
- Trade Finance
- Sector:
- Financial Institutions
- Domain:
- Public
- Borrower/Client:
- Trade Finance Facility to Turk Eximbank.
- Co-Financers/Participants:
- n/a
- Guarantors/Sponsors:
- n/a
- Developmental and Regional Cooperation Impact:
- Operation involves 50 million two years syndication facility (export) out of 350 million to Turk Eximbank - owned by the government. The proceeds are highly likely to be used for on-lent operation of exporting sub-borrowers in line with Turk Eximbank’s mandate. There is no explicit guarantees that proceeds will the used to contribute to regional cooperation. However, given that almost 10% of total exports from Turkey are to BSTDB member countries and given the strong presence of Turkish contractors in the region, there is high likelihood that operation will have contribution to the regional cooperation.
- Environmental Classification and Impact:
- Turk Eximbank has developed a comprehensive environmental and social (E&S) management system and has fully integrated it into the export credit portfolio management. The system is based on existing best practices applied in credit export transactions and the general E&S due diligence approach in financing, including of those developed by OECD, IFC, WB and UN specific E&S principles and standards.
- Operation Leader:
- Financial Institutions I
- E-mail:
- fi1@bstdb.org
As of 28 Feb 2026
