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Turkey's treasury guarantees 100 mln euro EIB loan for Eximbank

Author Yurkie Ali
Turkey's treasury guarantees 100 mln euro EIB loan for Eximbank

ANKARA (Turkey), November 7 (SeeNews) - Turkey's treasury said on Thursday it has signed a guarantee agreement for a 100 million euro ($134 million) loan provided by the European Investment Bank (EIB) to the country's Eximbank.

The loan will be used for financing of projects by export-oriented and foreign currency-earning small and medium size enterprises and midcap enterprises, the treasury said in a statement.

($ = 0.748 euro)

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