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EBRD’s €50 million loan to Garanti Bank to help women, small businesses
- Monday, February 8, 2010, 19:55
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Microfinance Focus, Feb 8, 2010: In November, the EBRD teamed up with the Netherlands Development Finance Company, the International Co-operation and Development Fund (ICDF) and five commercial banks to lend €50 million to Garanti Bank. The financing will be available for investments in small companies operating outside the three main Turkish cities of Ankara, Istanbul and Izmir.
Garanti Bank is one of two Turkish banks that ... Full story
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