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Turkey

Turkey's Finansbank obtains 50 mln euro EBRD loan for female-led SMEs

Dec 22, 2014, 10:50:32 AMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 22 (SeeNews) – Turkish lender Finansbank [BIST:FINBN] said it has signed a 50 million euro ($61 million) loan agreement with the European Bank for Reconstruction and Development (EBRD).

Turkey's Finansbank obtains 50 mln euro EBRD loan for female-led SMEs

The bank will use the loan to finance women-led small and medium-sized enterprises (SMEs), it said in a bourse filing on Friday.

Finansbank is a subsidiary of the National Bank of Greece.

($ = 0.816 euro)

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