Union of Chambers and Commodity Exchanges of Turkey

"We need to work more intensively with Eximbank"


08.10.2020 / Ankara



The Union of Chambers and Commodity Exchanges of Turkey (TOBB) President Rifat Hisarcıklıoğlu said that Turkish Eximbank is the organization which provides the largest support to export, adding, “At a time when exports are becoming much more important, we need to work more intensively with Eximbank and better know and use the products it offers.”​

The info webinar on Eximbank's export loans and credit insurance programs was organized.

Hisarcıklıoğlu, participated in the program via teleconference, stating that last month's webinar attracted great interest and wide participation was achieved.

Noting that Turkish Eximbank is the organization which provides the largest support to export, Hisarcıklıoğlu said: “At a time when exports are becoming much more important, we need to work more intensively with Eximbank and better know and use the products it offers. In addition, if there are problems in the field and in practice, we need to talk about them here and look for solutions together.”

- Exporting companies provided with $33.7 billion in support in 9 months

Turkish Eximbank General Manager Ali Güney said that as of the end of September, they’ve provided export companies with $22.2 billion in export support loans and $11.5 billion in credit insurance support.

Thus, they gave a total of $33.7 billion in support during that period, the amount of support increased by 5% compared to the same period last year, he said, the increase in export loan support reached 12%.

According to data from the Turkish Exporters' Assembly (TİM), there are 90,000 companies exporting, Güney went on, “Companies that benefit from Turkish Eximbank facilities are about a third of this. Our exporting companies are not aware of our products and facilities. If this demand does not occur, there is a serious need for information on this issue. These webinars are very important in these matters. We have started a strategic transformation effort in this direction. We have downloaded a survey to our exporters through TİM. This constitutes an important input in determining our future strategy. I would like to ask our TİM member companies to complete this survey."

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