Chinese Bank to Donate Cash, Medical Supplies in Support of Turkey's Anti-Coronavirus Efforts

The Turkish branch of the Industrial and Commercial Bank of China (ICBC) announces that it will donate medical supplies and cash to support Turkey in its combat against COVID-19 on March 27, 2020. [Xinhua]

ISTANBUL, March 27 (Xinhua) — The Turkish branch of the Industrial and Commercial Bank of China (ICBC) announced on Friday that it would donate medical supplies and cash worth about US 100,000 dollars to support Turkey in its combat against COVID-19.

The first batch of 1,200 sets of protective clothing, 100 pairs of goggles and 3,000 masks will also be delivered to Turkey, the ICBC said in a press release.

Adopting a series of measures against COVID-19, the ICBC Turkey has been providing financial services to support locals to combat the virus.

The total number of deaths from the virus in Turkey has climbed to 92 among 5,698 confirmed cases, according to the latest figures announced by Turkish Health Minister Fahrettin Koca.

ICBC Turkey was established after the Chinese lender purchased a majority of shares of Turkey's Tekstilbank in May 2015. It has been licensed for commercial banking, investment banking and asset management.

Over the years, ICBC Turkey has been financing major projects under the China-proposed Belt and Road Initiative and supporting Turkey's economic, industrial and social development.

(Source: Xinhua)