OPIC makes SME loan to Garanti

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07 January 2010

The US development bank, OPIC, has arranged a loan to Garanti bank for SME lending in Turkey.

The US development bank, OPIC, has arranged a $100 million loan to Garanti Bank of Turkey for medium to long term loans to smaller businesses. General Electric Company, which owns part of Garanti Bank...

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Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%

33%

50% to 75%

30%

25% to 50%

25% or less

10%

I don’t use private credit insurers

18%