Türk Eximbank Appoints FinShip for Ship Finance Consultancy...

Turkish Export Credit Bank SA (Türk Eximbank) appointed FinShip as specialised consultants concerning shipping credits and ship finance activities. FinShip will henceforth be exclusive providers of technical and financial consultancy for Türk Eximbank, who have scheduled to officially initiate the cooperation on the 15 March 2010.

Türk Eximbank supports Turkish shipbuilding industry via the World Bank regulated Export Finance Intermediary Loan – IV (EFIL IV) with the perspective of promoting export volumes of the shipyards in the broadest sense. Maritime corporate finance specialists FinShip on the oher hand, will be responsible for aiding the bank with their technical and financial expertise in the field, regarding allocation and related transactions. The cooperation will start as from 15 March 2010 and last until 2013 by means of which, FinShip also became booked as recognized consultants by World Bank.