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With a customer-focused approach ING Bank provides dependable, state-of-the-art, high-quality, and uninterrupted products & services not just for major corporate customers but also for all those who make up the backbone of the Turkish economy: small and medium-sized businesses, contract manufacturers, submanufacturers, and the suppliers and dealers for major industrial concerns.
ING Bank is becoming the first choice of more and more companies and entrepreneurs in Turkey.
Services for our corporate customers:
- Short-term cash loans
- Spot loans
- FX-indexed TL loans
- Discounting and draft discounting credit
- Eximbank credit
- Prefinancing credit
- Export FX credit
- Investment FX credit
- Letters of guarantee
- Export factoring services
- Forfaiting services
- GSM 102 loans
- IFC and World Bank credit facilities
- Syndicated Loans
- Letters of credit / Draft analization
Export credit agencies:
Based on the bilateral agreements, ING Bank provides its customers with export credit facilities from the ECAs shown below.
- Hermes-Euler (Germany)
- SERV (Switzerland)
- ÖKB (Austria)
- ONDD (Belgium)
- CESCE (Spain)
- US EXIM (USA)
- SACE (Italy)
- COFACE (France)
- FINNVERA (Finland)
- EKF (Denmark)
- ATRADIUS (The Netherlands)
- EKN (Sweden)
- GIEK (Norway)
- EGAP (Czech Republic)
- EDC (Canada)
- Taiwan EXIM (Taiwan)
Services designed for our small-business customers:
- Spot loans
- Rotative loans
- Discount & forfaiting facilities
- FX loans
- FX-indexed loans
- Letters of guarantee
Project and foreign trade financing
ING Bank provides project financing services to support its customers' investment plans.
The risk, cash-flow, and legal aspects of a customer's project are analyzed by ING Bank experts in light of different scenarios in order to design the exact capital and financing structure that is best suited for it.
The Bank is currently playing an active role in the financing of large-scale government projects in such endeavors as highways, energy, dam construction, defense industry, and the like in which the Turkish Treasury is involved either as the borrower or as a guarantor.
ING Bank develops solutions that are tailored according to customers' project financing needs by making use of its own funds as well as of low-cost credit opportunities that it secures from its subsidiaries abroad. When necessary, the Bank also arranges syndicated loans based on the principle of spreading risk exposure among a consortium of Turkish and foreign banks.
Risk & cash management services
ING Bank offers customers a range of options in the form of risk management products by means of which they are able to protect themselves against the term, interest rate, and exchange rate risks they incur in their commercial transactions while also locking down their costs.
ING Bank's risk management products:
- Forward rate agreements
- Forward FX trading
- Swaps
- Options
- FX options
ING Bank's cash management services:
Collections
- Check & draft collections
- Cash collection systems
- Direct debiting systems
Payments
- Regular payments
- Continuous form check issuance program
- Utility payments
- Overdraft facilities
Reconciliation services
- Automatic account reconciliation and follow-up services
- Cash flow management
- Electronic data interchange (EDI)
Factoring & leasing services
 ING Bank is a member of Factors Chain International.
ING Bank is the only commercial bank in Turkey today that directly provides its customers with factoring and cross-border leasing services as regular components of its corporate banking activities.
In export transactions as CAG basis you can purchase:
- non-recourse factoring,
- with recourse factoring,
- collection-guaranteed factoring,
services by assigning of receivables to ING Bank.
Such factoring services will provide you with:
- financing facility / cash management / cash inflow / liquidity improvements / an opportunity to expand your business,
- payment guarantee / collection / asset management / time saving,
- hedging against foreign currency risks,
- improvement of your financial statements,
- encourage to new markets.
Cross-border leasing is an alternative financing under obligation of importing goods from abroad such as:
- High-tech equipments,
- Computers,
- Planes and ships,
- Medical equipments.
Funding of the transactions handled directly by the financial institutions abroad and each transaction shall be operated by the permission of the Turkish Republic Under-Secretariat of Treasury. The leasing contracts are terminated for 4 years and annual amount of rental payment of lease contract shall not be less than $ 25.000.-
Cross-border leasing will provide you with:
- All kinds of tax advantages of domestic leasing,
- Long-term financing to investors without increasing the bank credit utilizations,
- Alternative of ECA credits.
Because its aim is to offer customers a complete and integrated package of products and services, the Bank is also at their service in such areas as cross-border leasing, factoring, and the like.
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