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Turkey's Garanti Bank secures 75 mln euro EIB loan in support of SMEs

Author Yurkie Ali
Turkey's Garanti Bank secures 75 mln euro EIB loan in support of SMEs

ANKARA (Turkey), December 3 (SeeNews) - Turkey's [BIST:GARAN] has obtained a 75 million euro ($102 million) loan from the European Investment Bank (EIB) to finance small and medium-sized companies (SMEs), the Turkish lender said on Tuesday.

The loan has a tenor of six years, Garanti Bank said in a bourse filing.

($ = 0.737 euro)

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