ANNOUNCEMENT 31 Jul 2013

In July 2013, the German Export Crediting Agency announced its support of an export project concerning the delivery of medical equipment to Turkey.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Jul 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in July 2013 and finances the delivery of medical equipment ('Lieferung von medizinischen Anlagen') to Turkey. The benefitting German exporter is ACENDIS Handels GmbH, Hannover.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (21 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 9 years. The financing institution is ING Bank, a branch of ING-DiBa AG, Frankfurt.

AFFECTED SECTORS