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Tag: European Bank for Reconstruction and Development

Türkiye at top of list of EBRD’s record-breaking investments in 2023
Economy

Türkiye at top of list of EBRD’s record-breaking investments in 2023

January 12, 2024January 12, 2024

The investments supplied by the European Bank for Reconstruction and Development (EBRD) pushed as much as a brand new report of 13.1 billion euros ($14.32

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EBRD ups Türkiye growth outlook, sees inflow of foreign capital
Economy

EBRD ups Türkiye growth outlook, sees inflow of foreign capital

October 1, 2023October 1, 2023

The European Bank for Reconstruction and Development (EBRD) on Wednesday raised its outlook for progress in Türkiye, marking the most recent upward revision prompted by

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EBRD unveils support program for earthquake-hit SMEs in Türkiye
Economy

EBRD unveils support program for earthquake-hit SMEs in Türkiye

September 12, 2023September 12, 2023

The European Bank for Reconstruction and Development (EBRD) introduced Tuesday it’s launching its Reconstruction Assistance and Grant program to assist small and medium-sized enterprises (SMEs)

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EBRD extends fresh 9M loan tailored for Türkiye quake region
Business

EBRD extends fresh $109M loan tailored for Türkiye quake region

August 4, 2023August 4, 2023

Europe’s growth financial institution on Friday mentioned it was offering a $109 million mortgage to the biggest non-public lender in Türkiye for on-lending to companies

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Türkiye’s inflation to fall further in absence of major lira volatility
Economy

Türkiye’s inflation to fall further in absence of major lira volatility

May 18, 2023May 18, 2023

Türkiye’s inflation is anticipated to fall additional towards year-end with out main volatility or a big depreciation within the Turkish lira, in line with a

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EBRD to hike investment in Türkiye, support quake-hit areas
Economy

EBRD to hike investment in Türkiye, support quake-hit areas

March 16, 2023March 16, 2023

The European Bank for Reconstruction and Development (EBRD) will considerably improve funding in Türkiye this yr, a prime official stated on Wednesday, after investing greater

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Quakes could result in loss of up to 1% of Türkiye’s GDP in 2023
Economy

Quakes could result in loss of up to 1% of Türkiye’s GDP in 2023

February 17, 2023February 17, 2023

The devastating earthquakes that struck Türkiye final week might lead to a lack of as much as 1% of the nation’s gross home product (GDP)

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Türkiye EBRD’s largest market in 2022 with .7B annual investment
Economy

Türkiye EBRD’s largest market in 2022 with $1.7B annual investment

January 26, 2023January 26, 2023

The European Bank for Reconstruction and Development (EBRD) invested 1.63 billion euros ($1.7 billion) in Türkiye in 2022, the best quantity of annual funding in

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