Yapı Kredi secures $933 million syndicated loan

Yapı Kredi has signed a syndicated loan agreement worth approximately $933 million with participation from 40 financial institutions across 18 countries. The Turkish lender said the facility drew interest from a broad international creditor base, underscoring continued access to cross-border funding despite tight global financial conditions. The deal size and lender count make it a notable benchmark for Turkish bank borrowing in offshore markets. Investors will watch whether other Turkish banks follow with similar syndications and whether pricing terms set a precedent for future external funding costs.