What is a rediscounting credit?
This is a TL / foreign currency credit program in cooperation with the TR central bank in the scope of USD 17 billion limits awarded to our bank, with the purpose to finance our companies, which exporting goods and foreign exchange earning services at advantageous conditions.
Who can benefit?
Manufacturers of export goods, companies, which export foreign exchange earning services and all exporters
What is the company limit?
In the scope of this program we can provide a credit amount, foreign exchange and Turkish Lira credits in total up to USD 350 Million per company. The credit amount for foreign trade stock corporations is up to USD 400 Million per company. The credits can be used in the currencies EUR/USD/GBP/JPY.
What is the threshold?
The threshold in the scope of the rediscount credit program is USD 50.000 per transaction.
How long is the term?
Up to 360 days
What does it cost?
|For 0-120 days||Libor/Eurobor + 0,40|
|For 0-180 days||Libor/Eurobor + 0,50|
|For 0-240 days||Libor/Eurobor + 0,65|
|For 0-360 days||Libor/Eurobor + 1,50|
|For 0-360 days||Libor/Eurobor + 0,75 *|
* Foreign exchange earning services + High technology industrial goods + new market countries
The interest rates in TL for rediscount credits are being published on our website.