The Islamic Development Bank (IDB) Group has been supporting Turkish exporters through strong cooperation with Turk Eximbank, the bank’s regional director said in the Turkish metropolis Istanbul on Thursday. 

“The IDB cumulative financing support to Turk Eximbank amounts to more than $3.3 billion,” Salah Jelassi said in his opening speech at the Foreign Investment Forum 2019 held by Turkey’s Foreign Economic Relations Board (DEIK).

The sum includes $370 million financing by the IDB and $2.9 billion financing by the International Islamic Trade Finance Corporation (ITFC), he added.

Collaboration with Turk Eximbank to boost export-related activities of Turkish contractors, midcaps

Read more: Islamic bank stresses support for Turkish exporters