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Global Trade Alert

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Turkiye: Turk Eximbank increases lending capacity through loan agreement with ICBC

Description

On 11 March 2019, a 350 million USD loan facility agreement was signed between Turk Eximbank and ICBI (Industrial and Commercial Bank of China) Bank of Türkiye. The loan facility has a 3-year tenor an...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

11 Mar 2019

Revocation date

11 Mar 2022

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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