Page 48 - TURKRptFeb22

Nov-21
Nov-21
Nov-21
Nov-21
Kalyon
Akbank (AKBNK)
Isbank (ISCTR)
Eximbank
$291
$50
€15
€1,240
JPMorgan (New York/JPM)
EBRD
107%
StandardCharter ed(London/STA N)
General Electric (New York/GE)
€7mn
Swedish Export Credit Corporatio n (New York/RJI)
grant
Denmark EKF
UK Export Finance
Women in Business
Nov-21
$817
367-day
$328
Libor+2.15%
Libor+2.30%
€434
€419
Euribor+1.75%
Mersin
$645
EBRD
115%
1-year
$162
CNG bus
Nov-21
Euribor+1.90%
Nov-21
Finance Ministry
Arcelik (ARCLK)
€150
EBRD
Spain CESCE
Poland KUKE
Kalyon railway
Nov-21
Nov-21
Denizbank
Kalyon
$50
-
EBRD
Swedenexportcr editagencyEKN
CONSIDE RING
Women in Business
Nov-21
Women in Business
€600
EBRD
Mersin-Adana-Gazi antep railway
Istanbul, Izmir and Antalya municipalities’ total debt stock is on average 77% in foreign currency and unhedged. Bursa has an unhedged FX position of 35% of total debt stock.
The debt stocks of Ankara, Mersin and Mugla do not have unhedged FX exposure. Manisa has unhedged FX exposure of 3.4% of its total debt stock.
The European Bank for Reconstruction and Development (EBRD) invested a record €2bn in Turkey in 2021.
48 TURKEY Country Report February 2022 www.intellinews.com