Improving the Role of Eximbanks/ECAs in the OIC Member States
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responsible for building relationships with exporters. The Bank responded to changing needs by
widening its product portfolio in recent years, launching the bill of exchange and LC discounting
products in 2014. Türk Eximbank follows the OECD Consensus rules so its pricing of MLT export
credit facilities is risk-related and internationally competitive, compared to OECD ECAs. For its
other products, Türk Eximbank seeks to price according to the risk. Türk Eximbank monitors
and analyzes the programs of leading ECAs and adapts these to the unique needs of Turkish
exporters.
Key Dimension Ratings: (1 – lowest, 10 – highest)
Exporters get the coverage they need in the markets they are doing business 8
The product range meets the needs 9
Pricing is internationally competitive 9
ECA is proactive and demonstrates innovation and flexibility 8
Institutional Strength
Summary Assessment:
Within the OIC community of ECAs, Türk Eximbank enjoys much respect and is a highly-
regarded institution. Within the global community of ECAs, as a long-established institution,
Türk Eximbank is welcomed into the OECD community as a peer. Türk Eximbank does not
engage in active portfolio management but works within a risk management structure where
country and counterparty limits are set. To the extent that decisions are made by the Board of
Directors, Türk Eximbank can execute transactions efficiently. Naturally, when decision-making
involves the Council of Ministers, this takes more time. Türk Eximbank had traditionally had a
very stable management team and expertise in all aspects of the business. It is considered an
attractive organization within the Turkish government to be employed.
Key Dimension Ratings: (1 – lowest, 10 – highest)
The institution’s expertise is well-recognized and sought after 8
The portfolio is actively managed 8
The internal processes are not bureaucratic 8
The institution’s human resources are stable and decisions are consistent 9