Tuzmen: Turkish Eximbank To Extend 10.6 Bln Usd Of Support To Exporters

ANKARA - Turkish State Minister Kursad Tuzmen said on Sunday that Turkish Eximbank will extend 10.6 billion USD of support to exporters this year.
He added that Eximbank targets to start political risk insurance for foreign contractor sector.
Speaking to AA regarding 2008 activities of Turkish Eximbank, Tuzmen said that Turkish Eximbank will provide 5 billion USD of cash loan and 5.6 billion USD of insurance guarantee to exporters in 2008. This means a 26 percent increase when compared with 2007, he added.
Tuzmen said that currently the lowest loan interest rate is being applied by Turkish Eximbank.
(GC)