VakıfBank secures funding
VakıfBank has secured 300 million dollars in funding from abroad
VakıfBank has announced that it has secured new international funding in the amount of 300 million dollars.
In a written statement from the bank, it was stated, “One of these funding transactions, which have maturities ranging from 1 to 7 years, was realized under the guarantee of the Italian Export Credit Agency SACE. Thus, the amount of new funding that VakıfBank has secured from international markets in 2023 has exceeded 4 billion dollars.”
According to the statement, when including the syndicated loan and post-financing transactions renewed during the year, the total amount of funding the bank has secured from abroad since the beginning of the year has reached approximately 6 billion dollars.
News Source: 12punto
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