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Turkey's Isbank obtains $127.5 mln EBRD loan

Dec 22, 2014, 3:32:24 PMArticle by Yurkie Ali
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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).

Turkey's Isbank obtains $127.5 mln EBRD loan

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)

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