The European Bank for Reconstruction and Development has provided a EUR 53.5m loan to the Industrial Development Bank of Turkey (TSKB). The loan will be used for investments in Turkish companies working on climate change solutions. The loan, granted within the frame of the EBRD’s Green Economic Financing Facilities (GEFF), will also be used for...
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TSKB inks USD 220m green credit deal with JBIC
The Industrial Development Bank of Turkey (TSKB) signed a credit agreement worth USD 220m with the Japan Bank for International Cooperation (JBIC) with an aim to support renewable energy projects. In a written statement, the TSKB emphasized its efforts to combat climate change, with General Manager Ece Boru saying that the bank has contributed to...