In the early 1980s, traditional import substitution policies began being replaced by foreign oriented policies and thereafter exportation gained a high degree of importance to the Turkish economy. The task of supporting exports within this reorganization process was undertaken by Turk Eximbank, established in 1987. Turk Eximbank was established in 1987 as Türkiye’s official export credit agency and began to implement its programs at the beginning of 1988.

Turk Eximbank meets the financial needs of export sectors in line with the developments taking place in the global and Turkish economies. When doing so, the Bank serves extensive lineup of customers ranging from domestic manufacturers to international contractors and carriers, and from those involved in the tourism industry to those providing FC earning services such as software and project development and consultancy.

Turk Eximbank conducts “International Credit and Guarantee” programs aimed at developing economic and political relations between Türkiye and other countries and “Credit Insurance” programs that cover export sector’s exposure against political and commercial risks, as well as “Export Credit” programs, which provide the export sector with low cost financing.

Since its establishment, Turk Eximbank has been constantly introducing new credit programs that address the demands and needs of exporters while making changes in existing programs in order to provide customers with the financing that they need.


As the sole official export credit agency in Türkiye, Turk Eximbank plays an especially important role through its policies in support of exports. The Bank’s main objectives are:

  • Increasing the volume of exports;
  • Diversification of export goods and services;
  • Developing new export markets;
  • Increasing the exporters’ share of international trade and providing necessary support for their initiatives;
  • Gaining competitiveness and bringing assurance to exporters, overseas contractors and investors on the international markets; and
  • Promoting and supporting the production and sale of investment goods for export through overseas investments.

As a means of aiding export development, Turk Eximbank offers specialized financial services to exporters, export‑oriented manufacturers, and overseas investors and contractors through a variety of short, medium‑ and long‑term cash and non‑cash credit, insurance and guarantee programs.


Today, Turk Eximbank serves exporters with exactly the same systems deployed by those in the most advanced countries. The Bank supplies an extensive lineup of financing products to international contractors, investors, shippers, tourism operators, and other cross border businesses. Furthermore, unlike the export credit agencies of many other countries, Turk Eximbank’s ability to combine credit, guarantee, and insurance products under the same roof allows it to provide its customers with fully integrated service.


Ever since its inception, Turk Eximbank has been steadily increasing volume and different kinds of credit resources that it supplies to exporters, especially SMEs, in line with their needs and demands while also improving the terms, conditions, and limits of its lendings. Turk Eximbank strives to increase the share of high added value goods in Türkiye’s overall export mix. Besides offering export credits, the Bank also seeks to expand its geographical footprint by taking part in international projects and trade finance and to encourage Turkish exporters to venture into new markets by eliminating their country risks through credit insurance.


In all of the lending programs, give priority to firms based in the so-called priority development areas and to SMEs.


The Bank has passed to the Registered Equity System, according to Turkish Trade Law No.6102.

The upper limit of the capital of the Bank is 50,000,000,000.00 (Fifty Billion) Turkish Liras divided into 50,000,000,000.00 (Fifty Billion) units of registered share certificates each with a nominal value of 1 TRY. Issued capital of the Bank is 35,700,000,000.00 (Thirty Five Billion Seven Hundred Million) Turkish Liras divided into 35,700,000,000 (Thirty Five Billion Seven Hundred Million) units of registered share certificates each with a nominal value of 1 TRY.

23,900,000,000.00 (Twenty Three Billion Nine Hundred Million) Turkish Liras representing former capital has been fully paid. From the increased portion equal to 11,800,000,000.00 (Eleven Billion Eight Hundred Million) Turkish Liras have been paid in cash by the Treasury.

The entire capital of the Bank belongs to the Treasury.


Turk Eximbank’s role in funding export activities has steadily increased over the years. The two most important reasons for this are, first, to eliminate the direct export incentives implemented in previous years in accordance with Türkiye’s liabilities against international institutions regulating the world trade, and second, due to the commitment of Türkiye about compliance with the commercial and competition policies of the EU as well as of the Customs Union established in 1996. As a result of these developments, the funding of exports through credit, guarantee and insurance programs has become the most significant stimulant in the market in terms of increasing the competitiveness of Turkish exports on international markets. The export credit insurance system that gained currency in Türkiye at the end of the 1950s was re introduced by Turk Eximbank in 1989. The system was initially designed to provide cover against commercial and political risks only for short term export claims, but its scope was later expanded to cover medium and long term goods and services claims. The operational framework of Turk Eximbank according to its “Establishment Principles and Charter” is shaped by its annual programs. These programs, which the Executive Board must follow, enter into force by decision of the Supreme Advisory and Credit Guidance Committee.

The Supreme Advisory and Credit Guidance Committee is chaired by the afiliated Minister and comprises:

  • The Deputy Minister of Treasury and Finance,
  • The Deputy Minister of Commerce,
  • The Deputy Minister of Industry and Technology,
  • The Chairman of the Central Bank of the Republic of Türkiye,
  • The Deputy Chairman of Strategy and Budget,
  • The Chairman and Vice-Chairman of the Board of Directors and the General Manager of the Bank are natural members of the Board.

Within the framework of the objectives of the annual programs, whether generally or related to country or sector specific groups, Turk Eximbank’s Board of Directors and its General Directorate are authorized to carry out assignments within the limits of a range of credit transaction, guarantee and insurance programs.