OPIC approves USD400m SME lending fund

The Board of Directors of the Overseas Private Investment Corporation (OPIC) has approved US$400 million in financing to support SME lending by one of Turkey s main commercial banks.

EBRD subscribes to first asset-guaranteed bond in Turkey

The European Bank for Reconstruction and Development (EBRD) has continued their flow of credit to SMEs in Turkey with an investment of 60 million Turkish Lira ( 24 million) in notes issued under the Turkey s first asset-guaranteed bond programme established by Sekerbank.