ISTANBUL (Turkey), December 22 (SeeNews) – Turkish lender Isbank [BIST:ISATR] said on Monday it has secured a $127.5 million (104 million eruo) loan from the European Bank for Reconstruction and Development (EBRD).
The bank will use the five-year loan to finance female entrepreneurs, energy efficiency projects and agricultural loans, it said in a bourse filing.
Isbank is Turkey’s largest private bank with total assets of 231 billion lira as of September 30.
($ = 0.816 euro)