The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed a US$ 200 million Syndicated Murabaha Financing with Türk Eximbank to support the trade financing needs of the private sector, further strengthening SMEs export competitiveness and contributing to the Country’s sustainable economic growth.
The new facility is designed to expand access to trade financing for export-oriented SMEs and private sector clients, supporting jobs and driving sustainable economic growth. Through this strategic collaboration, a large number of enterprises, particularly export-oriented SMEs, will benefit from improved access to Islamic trade finance solutions.
This signing marks another significant milestone in the long-standing partnership between ITFC and Türk Eximbank, which began in 2009. Over the years, ITFC has approved approximately US$3.7 billion in financing for Türk Eximbank,, These interventions have contributed significantly in promoting export competitiveness, strengthening local industries, and advancing broader socio-economic development across the country.
The newly extended US$ 200 million financing facility underscores ITFC’s commitment to deepening its partnership with Türk Eximbank and advancing the shared vision of fostering inclusive and sustainable economic growth in Türkiye through enhanced trade and private sector empowerment.
