IsDB signs $100m facility with Turk Eximbank to boost SMEs
The Islamic Development Bank (IsDB) and Turk Eximbank have signed a syndicated ten-year murabaha deal of $100 million to finance small and medium-sized enterprises and midcaps in Turkey.
The facility is expected to increase companies' export capacity and workforce, and follows a previous $270 million line of financing extended by the IsDB through Turk Eximbank.