Bank of China granted a five-year loan of nearly 3 billion yuan ($429.6 million) to Turkish Airlines on Oct 29, 2025, marking the largest single renminbi-denominated loan ever issued in the Turkish market.

As Turkish Airlines' first financing operation conducted in RMB, the transaction was a concrete step in aligning the Belt and Road Initiative with Turkiye's Middle Corridor Initiative, while also having positive implications for RMB internationalization. Leveraging its global network, BOC's head office coordinated with Bank of China Turkey A.S., as well as its branches in Macao and London, to execute related foreign exchange transactions for Turkish Airlines on the day of loan disbursement, further deepening financial cooperation between the two parties.

BOC will continue to leverage its global network and comprehensive service to support long-term development in the Turkish market, contributing greater financial support to promote economic and cultural exchanges, RMB internationalization, and the high-quality development of the Belt and Road Initiative.