ANKARA: A deposit of $5 billion from the Saudi Fund for Development (SFD) entered the accounts of the Turkish Central Bank on Monday, bankers said on Tuesday.

The Turkish Central Bank declined to comment on the issue.

Saudi deposits $5bn in quake-hit Turkiye’s central bank

Saudi Minister of Finance Mohammed Bin Abdullah Al-Jadaan had announced his country’s intention to make the deposit in December and the SFD said on March 6 it had signed such an agreement.