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Tag: financing

US govt extends 0M loan for Türkiye’s quake zone development
Economy

US govt extends $100M loan for Türkiye’s quake zone development

August 18, 2023August 18, 2023

A Turkish non-public lender and the U.S. authorities’s improvement finance establishment on Friday introduced they’d signed a $100 million mortgage settlement geared toward supporting Türkiye’s

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Türkiye pledges greater support for exporters in 2024
Economy

Türkiye pledges greater support for exporters in 2024

August 9, 2023August 9, 2023

Trade Minister Ömer Bolat stated on Wednesday that Türkiye would proceed to help exporters, stressing that the federal government’s efforts to extend financing within the

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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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Muslims face ‘structural discrimination’ by Dutch banks, institutions
Business

Muslims face ‘structural discrimination’ by Dutch banks, institutions

April 7, 2023April 7, 2023

Banks and monetary establishments within the Netherlands “structurally” discriminate in opposition to Muslims, mentioned the nationwide coordinator in opposition to discrimination and racism Rabin Baldewsingh

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Türkiye injecting over .6B into public banks to boost lending
Business

Türkiye injecting over $5.6B into public banks to boost lending

March 22, 2023

Türkiye is injecting about TL 107 billion (round $5.62 billion) in public banks in a capital increase sought to encourage lending in a transfer forward

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EU’s EIB to break 4-year Türkiye lending ban with earthquake aid
Business

EU’s EIB to break 4-year Türkiye lending ban with earthquake aid

March 21, 2023March 21, 2023

The European Investment Bank (EIB) Monday introduced it could present 500 million euros ($540 million) for Türkiye’s post-earthquake rebuilding efforts, that means the European Union’s

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US targets Iran ‘shadow banking’, drone network in new sanctions
Economy

US targets Iran ‘shadow banking’, drone network in new sanctions

March 10, 2023March 10, 2023

The U.S. on Thursday unveiled a brand new spherical of sanctions concentrating on individuals and corporations linked to Iran and to what it mentioned was

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Turkish central bank unveils waivers to support loans in quake zone
Business

Turkish central bank unveils waivers to support loans in quake zone

March 3, 2023March 3, 2023

The Central Bank of the Republic of Türkiye (CBRT) has granted some exemptions in loans for the reconstruction of the nation’s southeastern area struck by

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World Bank to provide Türkiye .78B for recovery after quakes
Business

World Bank to provide Türkiye $1.78B for recovery after quakes

February 10, 2023

The World Bank introduced Thursday it will present $1.78 billion in assist to Türkiye to assist with reduction and restoration efforts after large earthquakes hit

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