main navigation menu miga logo
World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Subscribe to Our Monthly Newsletter
x

About Dropdown Description

World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Projects Dropdown Descriptions

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Türkiye

BNP-AK-DRESDNER Bank A.S.

$61 million
Banking
Project Brief
Not Active
twitteremail

MIGA issued $61 million in guarantees to Banque Nationale de Paris of France for its shareholder loan to BNP-AK-Dresdner Bank A.S. in Turkey. MIGA received reinsurance for half the amount from the private insurance market. The guarantee covers the investment against the risks of transfer restriction and expropriation of funds.

The project will allow the project enterprise to expand its banking activities in Turkey, thereby providing medium- and long-term financing to companies in the Turkish market.

twitteremail