Baker McKenzie Turkish affiliate Esin Attorney Partnership has advised Akbank on securing a 367-day syndicated loan from international markets in two tranches: USD 265.5 million and EUR 318.45 million.
Akbank is a Turkish bank. Together with its core banking activities, it offers a range of retail, commercial, corporate, private banking, and international trade finance services. According to its reports, in the first nine months of 2023, the loan support it provided to the Turkish economy increased to a total of TRY 1.094 trillion, with TRY 0.871 trillion in cash loans.
The Esin Attorney Partnership team included Partner Muhsin Keskin and Associate Seray Karaalp.