EULER HERMES SIGNS DEAL WITH TURKEY’S KOC ALLIANZ

Franco-German credit insurer Euler Hermes has signed an agreement with Turkish insurer Koc Allianz to cover the risk of outstanding payments for Turkish enterprises. Jean-Christophe Batlle, Director of the International Development at Euler Hermes, said that the move combined Euler-Hermes expertise in credit insurance with Koc Allianz’s knowledge of the Turkish market. With this agreement, Euler Hermes goes on with an important step of its international development strategy targeted on the country with the highest growth potential”, Mr Batlle said.