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EBRD provides US$ 100 million loan to Turkey's Denizbank


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. ....

Republic Of Turkey , Ministry Of Treasury , Credit Suisse , Turkey Sustainable Energy Finance Facility , Denizbank Financial Services Group , International Finance Corporation , European Union , European Bank , Turkish Credit Guarantee Fund , Republic Of Turkey Ministry Treasury , Diversified Payment Rights , Vice President , குடியரசு ஆஃப் வான்கோழி , அமைச்சகம் ஆஃப் கருவூலம் , கடன் ஸ்யூயி , வான்கோழி நிலையான ஆற்றல் நிதி வசதி , சர்வதேச நிதி நிறுவனம் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய வங்கி , துருக்கிய கடன் உத்தரவாதம் நிதி , குடியரசு ஆஃப் வான்கோழி அமைச்சகம் கருவூலம் , பன்முகப்படுத்தப்பட்ட கட்டணம் உரிமைகள் , துணை ப்ரெஸிடெஂட் ,

Romanian entrepreneurs to benefit as Endeavor opens with EBRD among founders


Romanian entrepreneurs to benefit as Endeavor opens with EBRD among founders
Romanian entrepreneurs to benefit as Endeavor opens with EBRD among founders
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Endeavor, a pioneering organisation leading the high-impact entrepreneurship movement worldwide, is expanding in Romania with the European Bank for Reconstruction and Development (EBRD) among its founders.
The EBRD is joining forces with Dedeman, a do-it-yourself chain and the biggest company owned by Romanian private investors, and Globalworth, a real estate company active in central and eastern Europe, to amplify the boost for Romanian entrepreneurs that Endeavor will provide.
Founded in 1997, Endeavor today operates in more than 30 countries across Latin America, Europe, Asia, Africa, the Middle East and the United States of America, supporting entrepreneurs at the ‘scale-up’ stage. The organisation currently supports more than 2,000 rigorously selected entrepreneurs, providing a wo ....

Romania General , United States , Republic Of Turkey , Voicu Oprean , Karina Paval , Tiberiu Moisa , Monica Cadogan , Andrei Dunca , Vargha Moayed , Dan Lupu , Mark Davis , Marius Stefan , Calin Fusu , Dimitris Raptis , Linda Rottenberg , Mihnea Craciun , Costin Taracila , Cooperation Fund , Banca Transilvania , European Bank , Autonom Group , Globalworth Group , Republic Of Turkey Ministry Treasury , Latin America , Middle East , Managing Director ,

EBRD funds green investments at Turkey's Is Leasing


EBRD funds green investments at Turkey’s Is Leasing
EBRD funds green investments at Turkey’s Is Leasing
Funding under EU-backed TurSEFF III to broaden local enterprises’ access to climate finance
Building resilience of Turkish economy by boosting resource efficiency and renewables
In its first transaction with Turkey’s Is Finansal Kiralama A.S. (Is Leasing), the European Bank for Reconstruction and Development (EBRD) is providing a €40 million loan for on-lending to eligible companies to finance investments in resource efficiency and small-scale renewable energy projects.
Greening the Turkish economy is one of the EBRD’s main goals in the country. The Bank is committed to providing funds and policy support that will help Turkey cope with the coronavirus crisis and use the current situation to “tilt to green” decisively. ....

Republic Of Turkey , Finansal Kiralama , Turkey Sustainable Energy Financing Facility Tur , European Union , European Bank , Republic Of Turkey Ministry Treasury , Turkey Sustainable Energy Financing Facility , Turkey Ministry , குடியரசு ஆஃப் வான்கோழி , வான்கோழி நிலையான ஆற்றல் நிதி வசதி டர் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய வங்கி , குடியரசு ஆஃப் வான்கோழி அமைச்சகம் கருவூலம் , வான்கோழி நிலையான ஆற்றல் நிதி வசதி , வான்கோழி அமைச்சகம் ,