JBIC signed a loan agreement worth 30 million dollars with Yılport Holding.

Foreks - Japan's International Cooperation Bank (JBIC) has signed an export credit agreement worth approximately $30 million with Yılport Holding AŞ. According to JBIC's statement, the loan is co-financed with ING Bank NV, Tokyo Branch, bringing the total co-financing amount to around $50 million.

Nippon Export and Investment Insurance (NEXI) will provide insurance for the loan through a private financial institution. The credit will be utilized to fund Yılport’s Ecuadorian subsidiary, Yılport Terminal Operations SA, in purchasing 24 port container cranes from Mitsui E&S Co., Ltd. for the Puerto Bolívar port in Ecuador.