Ziraat Bank announced that it has obtained long-term foreign financing of 600 million dollars from an “international investment bank”. A similar ‘source’ came to VakıfBank two weeks ago.
The bank simply referred to the source as “an investment bank of international quality and high prestige”.
Thus, Ziraat Bank has procured 3.4 billion dollars from abroad since the beginning of the year.
Another uncertain source had been generous to VakıfBank, another state bank, two weeks ago. In the statement of the bank, it was reported that a new secured funding transaction was signed with an “international bank” for 500 million dollars, with a maturity of five years. Similarly, no additional explanation was given about the source.
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