Haberler      English      العربية      Pусский      Azerice      Kurdî      Türkçe Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 28/05/2017 02:23 
21.03.2017 08:28 News >> Tukey: Credit Guarantee System Protocol Signed

Tukey: Credit Guarantee System Protocol Signed

Turkey's Undersecretariat of Treasury and Credit Guarantee Fund signed a protocol for a new credit guarantee system that aims to benefit SMEs on Monday.

Speaking at the signing ceremony Mehmet Simsek, deputy prime minister of Turkey, said: "We offer the opportunity of providing credit with a treasury guarantee that reaches up to 100 percent to our exporters and companies that have foreign exchange acquisition transactions."

The new credit guarantee scheme went into force on March 13. increasing the amount of capital provided by the Treasury for the compensation of non-performing loans up to 25 billion liras ($6.66 billion).

The approved amount is expected to boost overall balance of loans for industry and businesses to 250 billion liras ($66.6 billion) as the losses from possible non-performing loans are guaranteed to be compensated by the Treasury, according to an announcement in the Official Gazette on March 13. -



        Latest News
Update - Daesh Claims Attack On Coptic Christians İn Egypt 13 minutes ago...
Update - 12 PKK Terrorists Killed İn Southeastern Turkey 13 minutes ago...
Turkish President Meets Martyrs' Relatives İn Istanbul -32 minutes ago...
Us: Two Killed Trying To Stop Islamophobic Abuse -17 minutes ago...
Basaksehir Keep Title Hopes Alive With Last-Minute Goal -2 minutes ago...

 
      Top News
Us: Two Killed Trying To Stop Islamophobic Abuse Us: Two Killed Trying To Stop Islamophobic Abuse
Turkey Concerned Over Escalation Of Violence İn Libya Turkey Concerned Over Escalation Of Violence İn Libya
Philippines' Fight Against Daesh Enters 5Th Day Philippines' Fight Against Daesh Enters 5Th Day
Kashmir Protests As India Kills Prominent Militant Kashmir Protests As India Kills Prominent Militant
Afghanistan: 18 People Killed İn Car-Suicide Bombing Afghanistan: 18 People Killed İn Car-Suicide Bombing
Afghanistan: Roadside Bomb Claims 10 Civilians Afghanistan: Roadside Bomb Claims 10 Civilians
Turkey Slams Attack On Former Greek Pm Turkey Slams Attack On Former Greek Pm
Russia Backs Steps To Avoid Further Tension İn Korea Russia Backs Steps To Avoid Further Tension İn Korea
Update - 26 Coptic Christians Killed İn Upper Egypt Attack Update - 26 Coptic Christians Killed İn Upper Egypt Attack
29 Terrorists Killed İn Eastern Turkey 29 Terrorists Killed İn Eastern Turkey