PROJECT

Projects

Summary of Investment Information

Project Number

51363

Company Name

TURKIYE IHRACAT KREDI BANKASI A.S.

Date SPI Disclosed

Jul 8, 2026

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Aug 7, 2026

Environmental Category

FI-3 - No Impact

Status

Pending Signing

Last Updated Date

Jul 9, 2026

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004

Sector

Commercial Banking - Trade

Project Description

The Project is an unfunded trade finance facility to Turkiye Ihracat Kredi Bankasi A.S. (‘Turk Eximbank’ or the ‘Bank’) in an aggregate amount of approximately US$250 million under IFC’s Global Trade Finance Program (GTFP) in the form of a trade line pursuant to which IFC would guarantee letters of credit and other trade instruments issued by the Bank to support the Bank’s trade program. The project is to support short and medium term trade finance activities of Turkish exporters and importers. The GTFP proposed investment will offer Confirming Banks partial or full guarantees covering payment risk of the Bank in the Republic of Turkiye for their trade-related transactions.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation