Credit and funding agreement signed between Ziraat Bank and Deutsche Bank

According to the statement made by the bank, Ziraat Bank has signed a credit and funding agreement with Deutsche Bank that provides an external financing facility of 1.75 billion euros, with a maturity that can be extended up to 5 years.

The statement noted that with the funding to be provided through the agreement, which was concluded within the framework of positive developments in the national economy and the recently improving investor perception and financing conditions, the bank will continue to contribute to all sectors that are priorities for the country's economic development, primarily exporters, in line with its responsible, effective, and sustainable banking approach. It further stated, "We will continue to increase our close cooperation with our international stakeholders and our support for our economy, especially our exporters, through similar steps we will take toward deepening and diversifying our external financing."

News Source: 12punto