November 20 (SeeNews) - Turkish industrial development bank Turkiye Sinai Kalkinma Bankasi [BIST:TSKB] said on Wednesday it has signed a 100 million euro ($135 million) loan agreement with German development bank KfW.
Turkiye Sinai Kalkinma Bankasi (TSKB) said in a bourse filing it will use the loan to finance investments in resource productivity and energy efficiency in Turkey.
This is the first loan TSKB secures from KfW without government guarantees.
($ = 0.739 euro)