(ECO) TURKEY'S GARANTI BANKASI SIGNS DEAL WITH CHINA EXIMBANK.ISTANBUL, Jun 25, 2009 (TUR tur: see ibex. ) -- Turkey's Garanti Bankasi signed an agreement with China Eximbank to finance trade between the two countries. The 100-million-USD framework agreement aims to boost trade between Turkey and China by the help of short, mid and long-term financing Long-term financing Liabilities repayable in more than one year plus equity. options for Turkish companies This is a list of companies from Turkey.
Tolga Egemen, executive vice president of Garanti Bankasi, said the agreement was important for having a flexible and wide range of loan alternatives. Turkish companies doing business with China will be able to finance their foreign trade activities, Egemen said. (THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. PULSE) |
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