Business

A loan and funding agreement was signed between Ziraat Bank and Deutsche Bank

Ziraat Bank continues to support exports and the economy with high-amount foreign financing transactions.

According to the statement made by the bank, Ziraat Bank signed a loan and funding agreement with Deutsche Bank, providing external financing of €1.75 billion, with a maturity of up to 5 years.

In the statement, it was stated that the bank will continue to contribute to all sectors that are priority for the economic development of the country, especially exporters, in line with the responsible, effective and sustainable banking approach, with the funding to be provided from the agreement made within the framework of the positive developments in the country’s economy and the recently improved investor perception and financing conditions. “We will continue our close cooperation with our international stakeholders and increase our support to our economy, especially our exporters, with similar steps we will take towards deepening and diversifying external financing.”

Source: AA / Prepared by Irem Yildiz

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