As Türkiye’s official export credit agency, Türk Eximbank plays a strategic role by offering comprehensive loan, receivables insurance, and guarantee solutions to companies that export goods and services and undertake projects abroad. Through this support, the Bank aims to sustainably increase the competitiveness of Turkish companies in global markets and their share of international trade.

Strategic Transformation and an Export-Oriented Banking Vision

As a specialized bank in export financing, Türk Eximbank’s primary priority is not profit maximization but the achievement of strategic goals aimed at supporting the country’s exports. Nevertheless, with the sense of responsibility that comes with being an official export credit agency, the Bank meticulously implements policies to maintain a sound financial structure that ensures operational sustainability.

Effective management of resource use in operational processes has been adopted as a top priority, and the funds procured have been directed to areas that will create the greatest added value in line with export strategies. These strategic steps not only met the working capital and investment financing needs of our exporters but also accelerated the sustainable growth of Türkiye’s foreign trade volume.

Loans as of December 31, 2025:

• 57% were denominated in TL and 43% were denominated in foreign currencies,
• 95% were extended directly and 5% were extended through intermediary banks,
• 25% (USD 6.7 billion) was extended to SMEs.

Under the İGE guarantee, loans totaling TL 95.9 billion were extended to 5,324 companies.

In 2025, 14,086 companies, which hold a significant share of Türkiye’s exports, benefited from Türk Eximbank’s loan programs.

Priority was given to SMEs in lending practices, and TL-denominated loans were predominantly used to finance SMEs. As a result of prioritizing the loan requests of SMEs and the provision of additional resources, financing support totaling USD 6.7 billion was provided, comprising TL 135.8 billion and USD 3.3 billion. The share of SMEs in the total loan support amount, which increased by 11% compared to the previous year to reach USD 26.77 billion, was 25.0%.

EU countries rank first, accounting for 45.7% of the countries to which exporting companies that use the Bank’s loans have committed to exporting.

In the sectoral distribution of loans, the logistics and transportation sector leads with a 15.3% share.

Domestic Loans by Sectors (%)
Logistics and Transportation	15.3
Metal	8.8
Services	8.4
Machinery and Equipment	8.3
Food	6.9
Wholesale Trade	6.7
Chemicals and Plastics	6.2
Textile and Textile Raw Materials	5.7
Electric and Electronics	5.4
Automotive	5.1
Construction and Construction Materials	4.1
Ready-to-Wear and Apparel	3.9
Energy	3.0
Agriculture and Fishery	2.4
Paper and Forestry Products	2.2
Glass	2.1
Healthcare	2.0
Retail	1.5
Furniture, Home and Office Products	0.9
Information and Communication Technologies	0.3
Other	0.8

New Regulations and Changes in Domestic Credit Programs

• Improvements in limit decision models have strengthened risk assessment processes and increased efficiency in resource allocation. As of December 2025, limits totaling USD 1,893 million were allocated to 3,749 companies through the Limit Decision Model (LDM), and loans totaling USD 644 million were extended to 2,185 of these companies. Of the 3,749 companies allocated limits via the LDM, 40% are new companies.
• As part of its export-oriented growth strategy, Türk Eximbank continues to expand its collateral structure to include alternative types of collateral by implementing approaches based on both creditworthiness and export performance to support access to finance for companies engaged in value-added and high-tech exports.
• The upper limits of the İGE Equity Guarantee Support Package were updated, raising the guarantee cap to TL 60 million for SME beneficiaries and TL 120 million for non-SME beneficiaries. Additionally, the minimum guarantee limit for expert opinion assessments for non-SME beneficiaries was raised to TL 75 million, and disbursements for applications evaluated under the expert opinion scope have continued.
• In 2025, under the “Eximbank (Treasury) Support Package” signed between Türk Eximbank and İGE, Treasury-backed İGE-guaranteed loans totaling TL 15 billion were extended to 960 companies.

• Furthermore, with the implementation of the “Foreign Currency Guarantee Support Package,” which provides İGE guarantees totaling TL 31.5 billion for foreign currency loans extended by Türk Eximbank to finance exporters’ operating expenses, support amounting to TL 20.9 billion was provided to 840 companies.
• Since December 2022, rediscount credits sourced from swap agreements have been provided under the Central Bank of the Republic of Türkiye’s (CBRT) rediscount credits facility to enhance exporters’ competitiveness in international markets and to meet their financing needs during the pre-export phase. In 2025, CNY 315.8 million (USD 43.8 million) in swap rediscount credits were provided to 93 companies. Additionally, in 2025, marketing activities began after the AED and QAR currencies were included within the scope of the relevant program.
• In 2024, funding of EUR 300 million was secured from a consortium of banks, with 95% of the principal and interest risk guaranteed by the Multilateral Investment Guarantee Agency (MIGA), a World Bank Group institution. The funding, fully disbursed in 2024, was renewed in 2025 to provide support to 276 companies.
• From the Asian Infrastructure Investment Bank (AIIB), USD 100 million was secured under the Earthquake Support Package and USD 258.7 million under the Green Infrastructure Support Package. As of December 31, 2025, disbursements of USD 100 million were made to 24 companies from the Earthquake Support Package, and USD 173.4 million to 32 companies from the Green Infrastructure Support Package.
• Under the counter-guarantee of the Republic of Türkiye Ministry of Treasury and Finance and the guarantee of the International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group, approximately EUR 300 million of the secured EUR 1 billion in funding was disbursed to 49 companies. This funding continues to support the green transition of exporters.
• In addition to efforts to disburse Murabaha Financing (Cost-Plus Sale) and Eser (Istisna) Financing Programs in TL, the Export Support Financing, Export Support Financing via Participation Banks, Isticrar Financing, and Ijarah Financing programs were also implemented to increase the diversity and volume of interest-free banking products.
• In 2025, funding totaling USD 855 million was secured from international financial institutions such as ITFC, Emirates, IDB, FAB, Kuwait Finance House, Ajman Bank, and ICD; all of the funds were disbursed under interest-free banking products.
• In line with Türk Eximbank’s digitalization goals, services via Application Programming Interface (API) have been launched to shorten operational business processes and ensure faster and more secure execution of credit transactions; integration efforts with intermediary financial institutions are ongoing.
• All of the Bank’s internal regulations have undergone a comprehensive revision process to increase operational efficiency, meet exporters’ demands most effectively, respond to market requirements, and adapt to changes in external legislation.

* A minimum of 30% of the limits allocated to intermediary banks must be extended to SMEs. In this context, loans totaling USD 1,018 million were extended to SMEs via intermediary banks in 2025 (75.7%).

Loans by Delivery Channel (%)
Directly Disbursed	95.0
Intermediary Bank/Institution	5.0

Directly Disbursed Loans by Source (%)
Bank-Sourced	37.1
CBRT-Sourced	62.9

2025 Strategic Projects Implemented

The year 2025 was a period in which Türk Eximbank expanded its product range in line with modern financial needs and sustainability goals, and integrated digital transformation into its operational processes. Projects launched throughout the year facilitated the export ecosystem’s access to the Bank’s support while maximizing operational efficiency.

Financial Product Diversity and Participation Finance Approach

To respond to the changing financing preferences of exporters, the Export Support Financing, Export Support Financing via Participation Banks, Isticrar Financing, and Ijarah Financing programs were successfully implemented. Through these new products, Türk Eximbank expanded its product range to meet the growing demand for financing solutions compliant with participation finance principles and broadened its services in this area. As a result of strategic efforts, the financing volume provided through participation finance products increased by 223% compared to the previous period, reaching USD 1.2 billion.

Product Management and Pricing Project

In 2025, Türk Eximbank launched the “Product Management and Pricing Project.” in line with its goals of optimizing financial processes and complying with international standards. This project aligned the Bank’s pricing mechanisms with international banking standards and best practices, achieving a significant increase in operational efficiency. This strategic step has enabled faster adaptation to market dynamics and allowed for the pricing of resources based on a more rational model.