CREDIT LINES OF TÜRK EXIMBANK FOR B&H

 

Türk Eximbank, by the decision of the Turkish Government, has competence to finance projects in Bosnia and Herzegovina. The companies from Bosnia and Herzegovina interested in loans of this bank should have a partner from the Republic of Turkey.

The basic condition for having loans of Türk Eximbank's is the procurement of goods and services from Turkey. The period of the loan repayment that are given for the purchase of consumer goods and raw materials are up to 2 years (the interest rate LIBOR +3.25%) for loans given for the purchase of machinery and capital goods up to 7 years (the interest rate LIBOR +3.25 %) and 10 years for loans given for construction projects (interest rate LIBOR +3.75%).

In addition, all applicants need a government or bank guarantee (preferably state-owned banks or Turkish Ziraat Bank). The maximum loan amount is 85% of the contract value between the B&H and Turkish companies.

More information on:

http://www.eximbank.gov.tr/EN/belge/2-108/general-information.html.