Turkish Credit Guarantee Fund
EBRD provides $127 mln loan to İş Bankası
The European Bank for Reconstruction and Development (EBRD) has said it is providing $127 million in new funding to İş Bankası for on-lending to women-led businesses and to facilitate Türkiye's transition to a green economy.
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European bank backs women-led businesses in Turkey
The European Bank for Reconstruction and Development (EBRD) has provided a $100 million fund for Denizbank to support companies' investments in green technologies and women-led businesses in Turkey amid the COVID-19 pandemic.
The loan with a long-term maturity of up to seven years will help to build the resilience of the Turkish economy, the EBRD said in a statement on Feb. 19.
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