ANNOUNCEMENT 13 Sep 2019
On 13 September 2019, the Turk Eximbank lowered the interest rates on loans for SMEs and exporters producing high technology products from 11.84% to 10.6%.
NUMBER OF INTERVENTIONS
Turk Eximbank Press Release, New Incentives for exporters on Access to financing. Turk Eximbank Finansmana erişimde ihracatçılara yeni fırsatlar sunuyor. Available at: https://www.eximbank.gov.tr/content/files/b70252e0-2e4f-45be-a861-30da745333ec/turk-eximbank-finansmana-erisimde-ihracatcilara-yeni-firsatlar-sunuyor
Website of the Turk Eximbank, the list of high-tech industrial products, Yüksek teknolojili sanayi ürünleri listesi. Available at: https://www.eximbank.gov.tr/content/files/46170322-c80d-4f6d-b1c2-c7de410dfb11/yuksek-teknolojili-sanayi-urunleri-listesi
On 13 September 2019, the Turk Eximbank announced lowering the interest rates to 10.65% on loans for Small and Medium-Sized Enterprises (SMEs) and exporter companies which are producing high technology products. Previously the interest rates on Turkish Lira denominated loans were 11.84% (see related state act).
With the decrease in interest rates, the Turk Eximbank aims to strengthen the export competitiveness of the SMEs and exporters of high-tech products in international markets.
On 2 October 2019, the Turk Eximbank announced reducing the interest rates to 9.61%