Global Trade Alert
Global Trade Alert

Turkiye: Turk Eximbank reduces FX denominated loan costs for exporters

Announcement

11 Nov 2019

On 11 November 2019, the Turk Eximbank announced lowering the FX denominated loans by up to 90 basis points to meet the financial needs of exporters.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Nov 2019

Revocation date:

16 Feb 2020

Updated: 11 Nov 2019
Trade finance

On 11 November 2019, the Turk Eximbank announced lowering the cost of FX denominated loans by up to 90 basis points. In a written statement by Turkish Trade Minister Ruhsar Pekcan, it is stated tha...

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