DRAFT Improving the SMEs Access to Trade Finance
in the OIC Member States
77
Figure 26:SME Toolkit
Source: Qatar SME Toolkit Website
In similar fashion, Turk Eximbank places emphasis on supporting SMEs as well, but adds the
ability to “indirectly” channel the financial resources of Turkish commercial banks to export
finance, as a result of the ECAs funding being partially made up of borrowings from the
commercial bank sector.
Channelling of Commercial Bank Resources…
A proportion of Turk Eximbank’s funds arise from borrowings from commercial banks
and Turk Eximbank is able to indirectly channel part of the Turkish commercial banks’
reserves to export financing. Discount programs are another tool used to achieve this
aim. In addition, in offering guarantee schemes to commercial banks, Turk Eximbank is
creating a risk free environment for the banking sector to encourage them to engage
directly in export financing.
Increased Focus on Small and Medium Scale Enterprises…
Turk Eximbank aims to increase the focus of its programs on helping small and medium
scale enterprises (SMSEs). Such enterprises play an important role in the Government’s
strategy, particularly since the establishment of the Customs Union with the EU. SMSEs
usually experience difficulties in passing the rigid qualification tests for loans, even if
they are fully capable of complying with the terms of their export contracts. Turk
Eximbank, therefore, has placed special importance on SMSEs in its strategy.
Source: Turk Eximbank