SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
search
arrow
Countries
arrow
Browse Countries
Albania
Bosnia & Herzegovina
Bulgaria
Croatia
Kosovo
Moldova
Montenegro
N. Macedonia
Romania
Slovenia
Serbia
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in Countries
HiSky to launch flights from Romania's Bucharest to Paris
HiSky to launch flights from Romania's Bucharest to Paris
addedJul 26, 2024
Industries
arrow
Browse Industries
Agriculture
Automotive
Banking and Finance
Construction
Energy
Engineering
Metals & Mining
Tourism & Hospitality
Transport & Logistics
Wholesale/Retail
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in Industries
Bosnia's Federation building permits up 2.9% y/y in June
Bosnia's Federation building permits up 2.9% y/y in June
addedJul 26, 2024
Economy
arrow
Browse Economy
GDP
Inflation
Industrial Production
Budget
Unemployment
Wages
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in Economy
Bosnia's Federation building permits up 2.9% y/y in June
Bosnia's Federation building permits up 2.9% y/y in June
addedJul 26, 2024
Investments
arrow
Browse Investments
Corporate Contracts
Capacity
Foreign Markets
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in Investments
HiSky to launch flights from Romania's Bucharest to Paris
HiSky to launch flights from Romania's Bucharest to Paris
addedJul 26, 2024
Politics
arrow
Browse Politics
Internal Policy
Foreign Policy
Elections
Government Contracts & Tenders
EU Issues
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in Politics
EU grants 136 mln euro to Albania for railway line overhaul
EU grants 136 mln euro to Albania for railway line overhaul
addedJul 26, 2024
Deals
arrow
Browse Deals
M&A
Private equity & Venture capital
IPOs
Privatisation
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in Deals
Fortenova sells agri unit to Podravka for 333 mln euro
Fortenova sells agri unit to Podravka for 333 mln euro
addedJul 26, 2024
SEE TOP 100
arrow
Browse SEE TOP 100
TOP 100 Companies
TOP 100 Banks
TOP 100 Insurers
Sub-Rankings
Analysis & Interviews
Downloads
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in SEE TOP 100
Fortenova sells agri unit to Podravka for 333 mln euro
Fortenova sells agri unit to Podravka for 333 mln euro
addedJul 26, 2024
Tech
arrow
Browse Tech
Startups
AI
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in Tech
Moldova's Purcari launches digital transformation arm
Moldova's Purcari launches digital transformation arm
addedJul 26, 2024
Green
arrow
Browse Green
Renewable Energy
Clean Mobility
ESG
ADVANCED SEARCH
arrow
Mix and match your focus countries with our advanced search
Latest in Green
Fortenova sells agri unit to Podravka for 333 mln euro
Fortenova sells agri unit to Podravka for 333 mln euro
addedJul 26, 2024
Events
arrow
MORE
arrow
Countries
arrow
Industries
arrow
Economy
arrow
Investments
arrow
Politics
arrow
Deals
arrow
SEE TOP 100
arrow
Tech
arrow
Green
arrow
Events
SUBSCRIBE
arrow
LOGIN
arrow
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow
Turkey
Latest top stories
Fortenova sells agri unit to Podravka for 333 mln euro
addedabout 14 hours ago
Fortis Energy buys 180 MW solar project in Serbia
addedabout 15 hours ago
World Bank approves 599 mln euro loan to Romania
addedabout 15 hours ago
see more
arrow

EBRD lends $125 mln to VakifBank to back Turkish SMEs

Dec 19, 2014, 3:17:00 PMArticle by Nina Byalkova
share
ISTANBUL (Turkey), December 19 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) said on Friday it is extending $125 million (101.8 million euro) in new financing to Turkiye Vakiflar Bankasi (VakifBank), to support small and medium-sized enterprises (SMEs) in the regions of Turkey where finance for SMEs remains scarce.

EBRD lends $125 mln to VakifBank to back Turkish SMEs

"The financing is extended through an investment in A-rated loan notes under VakifBank’s Diversified Payment Rights (DPR) programme, an established market instrument used by Turkish banks to raise longer-term funding in the capital markets," the EBRD said in a statement.

A total of $30 million of the EBRD investment will be on-lent to women-led businesses and the rest of the funds will support agricultural SMEs.

VakifBank is the seventh-largest bank in Turkey.

($=0.8146 euro)

Topics
Industry
Reports
New
Bulgaria Economy Report Q4 2023
Latest top stories
Fortenova sells agri unit to Podravka for 333 mln euro
addedabout 14 hours ago
Fortis Energy buys 180 MW solar project in Serbia
addedabout 15 hours ago
World Bank approves 599 mln euro loan to Romania
addedabout 15 hours ago
see more
arrow
Read next
Latest in Economy
arrow
Bosnia's Federation building permits up 2.9% y/y in June
Bosnia's Federation building permits up 2.9% y/y in June
addedJul 26, 2024
Bosnia's Serb Republic retail sales up real 4.3% y/y in June
Bosnia's Serb Republic retail sales up real 4.3% y/y in June
addedJul 26, 2024
Croatia's industrial sales up 3.8% y/y in May
Croatia's industrial sales up 3.8% y/y in May
addedJul 26, 2024
Latest in Investments
arrow
HiSky to launch flights from Romania's Bucharest to Paris
HiSky to launch flights from Romania's Bucharest to Paris
addedJul 26, 2024
Fortis Energy buys 180 MW solar project in Serbia
Fortis Energy buys 180 MW solar project in Serbia
addedJul 26, 2024
World Bank approves 599 mln euro loan to Romania
World Bank approves 599 mln euro loan to Romania
addedJul 26, 2024
Latest in Banking and Finance
arrow
Albanian insurers GWPs rise 7.55% y/y in H1
Albanian insurers GWPs rise 7.55% y/y in H1
addedJul 26, 2024
Slovenia’s Gorenjska Banka net profit declines in H1
Slovenia’s Gorenjska Banka net profit declines in H1
addedJul 26, 2024
Romania's M3 money supply up 9.7% y/y in June
Romania's M3 money supply up 9.7% y/y in June
addedJul 26, 2024
Latest in Turkey
arrow
AJet launches flights from Istanbul to N. Macedonia's Skopje
AJet launches flights from Istanbul to N. Macedonia's Skopje
addedJul 15, 2024
Pegasus to connect Bosnia's Tuzla with Istanbul - report
Pegasus to connect Bosnia's Tuzla with Istanbul - report
addedJun 28, 2024
Pegasus to increase Skopje-Istanbul flights - report
Pegasus to increase Skopje-Istanbul flights - report
addedJun 10, 2024
logo

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.

About

SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tip of your fingers.

More about SeeNews
arrow
Premium access

Get ahead of the competition with SeeNews Premium Access. Unlimited news and objective analysis you can trust, company data and more. Subscribe now and start making agile business decisions.

facebook
twitter
linkedIn
google
telegram
subscribe
arrow
ADVERTISING PROPOSITION
arrow
More about SeeNews
arrow
grid
Content
Countries
Industries
Economy
Investments
Politics
Deals
Tech
Green
grid
Contact Us
Editorial
Sales & Advertising
+359 2 80 12 630
grid
Features
News archive
SEE TOP 100
Newsletters and alerts
Companies
Reports
Events
News RSS
grid
Contact Us
Editorial
Sales & Advertising
Customer care
+359 2 80 12 630
grid
Follow us
facebook
twitter
linkedIn
google
Telegram
up
Part of theSeeNextCommunity.SeeNextAll rights reserved. Design by: StudioX
up
Terms & Conditions
Privacy policy
Editorial policy