Ram makes maximum use of both domestic and foreign sources for export financing.

Present sources include:

Low interest domestic/foreign sourced loans

• Short-term export credits – Commercial Banks
• Foreign trade companies short-term export credits – Turk Eximbank
• Long-term working capital and trade finance loans – Commercial Banks and finance institutions
• Country credits based on irrevocable letters of credit
• Overseas chain stores investment credit – Türk Eximbank
• Islamic Development Bank backed credits

Pre-shipment export credits

• Short-term pre-shipment rediscount program – Türk Eximbank

Insurance and discount programs

• Short-term export credit insurance – Türk Eximbank
• Post-shipment export credit discount program – Türk Eximbank
• Specific export credit insurance – Türk Eximbank

Ram taps commercial funding in both TL and Foreign Exchange from the banks in Turkey and abroad and utilizes supplier’s and buyer’s credits.

One of the major categories of financing is the provision of export and trade related finance through the coverage confirmation and forfeiting of receivables.