The Turkish Eximbank attracted a syndicated resource worth $ 145 million for a period of 3 years as part of the Murabach mechanism under the coordination of the Islamic Corporation for the Development of the Private Sector (ICD) – the structural unit of the Islamic Development Bank (ISDB). Exporters and the provision of decisions in the field of financing relevant to Islamic principles. As part of the ICD syndicate, she acted as a coordinator of the transaction, and three significant Islamic banks from the Gulf region took part in it: Warba Bank K.P.S.C.C., Kuwait International Bank K.P.S.C. And Alrayan Bank Q.P.S.C.
The message emphasizes that the ICD continues to develop Islamic financing channels in participating countries and that this syndicate is an important indicator of durable cooperation between multilateral development institutions. Together with leading Islamic financial institutions, ICD provides efficient use of resources for sustainable development of the private sector.
The CEO of Turkish Eximbank Ali Gyunya noted that Eximbank is one of the key supporters of the Turkish economic growth strategy based on export.