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20 Yılında Forum İstanbul 2023 Konferansları Yarını Anlamak Ana Temasıyla Başlıyor | Türkiye nin Sosyal Haber Sitesi
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EBRD provides US$ 100 million loan to Turkey’s Denizbank
EBRD provides US$ 100 million loan to Turkey’s Denizbank
Catalysing green investments and supporting women-led firms
Building resilience of the Turkish economy The European Bank for Reconstruction and Development (EBRD) is providing US$ 100 million in new funds to Denizbank A.S. to finance companies’ investments in green technologies and support women-led businesses as the Covid-19 pandemic continues. The financing is made available through an investment under its existing Diversified Payment Rights (DPR) programme, an established market instrument used by Turkish banks to raise long-term funding. Denizbank is planning to issue a total US$ 435 million, marking its return to DPR securitisation under the Emirates NBD Bank’s ownership. The issuance has attracted a host of investors, including the International Finance Corporation, Credit Suisse and the parent Emirates NBD Bank.