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Global Trade Alert

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Turkiye: Turk Eximbank reduces lending rates for SMEs and exporters of high-tech products

Description

On 2 November 2019, Turk Eximbank announced lowering the interest rates to 8.79% on loans for Small and Medium-Sized Enterprises (SMEs) and exporter companies which are producing high technology produ...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

02 Nov 2019

Revocation date

20 Jan 2020

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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