EBRD provides US$50m in trade finance to Turkish lender

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The European Bank for Reconstruction and Development (EBRD) is supporting exporters and importers in Turkey by providing US$50m in trade finance to Turk Ekonomi Bankasi A.S. (TEB) under the EBRD’s Trade Facilitation Programme (TFP).

The facility will help TEB diversify its trade finance business, increase available limits and offer longer maturities to customers, supporting cross-border trade and contributing to the overall economic growth of the country.


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Posted on Aug 31, 2021
Region: Turkey
EBRD, trade finance, Turk Ekonomi Bankasi (TEB)
EBRD, trade finance, Turk Ekonomi Bankasi (TEB)