Home MoneyBanks Türkiye’s Ziraat Bank gets $500 mln financing from China’s Eximbank

Türkiye’s Ziraat Bank gets $500 mln financing from China’s Eximbank

by Nada Ali

Turkish state lender Ziraat Bank had secured two-tranche loan amounting to $500 million from the Export-Import Bank of China, Reuters reported on Monday.

The tranches are composed of $400 million and 700 million yuan ($97.79 million), with a three-year maturity will be extended particularly to Turkish exporters, Reuters added.

1 U.S. 7.10 Chinese Yuan

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