International Islamic Trade Finance Corporation

Turk Eximbank is making significant strides in interest-free banking to better support exporters, with General Manager Ali Güney announcing plans to diversify the bank's financing and insurance products in line with interest-free banking principles.

"Our goal is to increase the share of interest-free banking products in Eximbank's support to 10% in the first phase," Güney stated.

Türk Eximbank has received a loan of $380.5 million from an international banking consortium under the leadership of the International Islamic Trade Finance Corporation (ITFC).