10/12/2009

Is Bankasi signs agreement with China's Eximbank

AA - Turkey's Is Bankasi signed a credit agreement with China's Eximbank (The Export-Import Bank of China) last week. The agreement makes it possible for Turkish companies to receive assistance from the Chinese Eximbank while importing goods from China. Through the agreement, up to USD 100 million could be utilized by Turkish companies from the Chinese Eximbank. The loans received will be payable in a period of one year.