Akbank has secured a loan from a syndicate of 50 international banks, including ING and Bank of America Merrill Lynch. The dual-tenor dual-currency term loan, equivalent to 1 billion, will be split
Moody's Investors Service has today affirmed the Ba3 issuer ratings (for local and foreign currency) and the Baa1.tr National Scale Rating of Ekspo Faktoring A.S (Ekspo).
The EBRD is increasing the availability of finance to private businesses in Turkey with a 20 million euro credit line to Isbank for on-lending to micro, small and medium enterprises (MSMEs).
The World Bank Board of Executive Directors today approved a $500 million loan for the Second Access to Finance for Small and Medium Enterprises (SMEs) project in Turkey.