AKLease

The European Bank for Reconstruction and Development (EBRD) on June 29 announced it will provide €25 million ($30 million) to Turkey's Aklease to support green investments by small and medium-sized enterprises (SMEs) in the country.

The European Bank for Reconstruction and Development (EBRD) on Jan. 14 said it has hiked its financial support to Turkey amid its fight against the COVID-19 pandemic.

"The Bank stepped up its financing in Turkey to €1.7 billion ($2 billion) in 2020 through 33 projects, from €1 billion in 35 projects in 2019," it said in a statement.