Turkish development bank TKYB obtains $170mn loan from Japan Bank for International Cooperation

Turkish development bank TKYB obtains $170mn loan from Japan Bank for International Cooperation
By bne IntelIiNews March 30, 2021

Government-run Turkish Development and Investment Bank (TKYB/KLNMA) has obtained a $170mn and 12-year loan from Japan Bank for International Cooperation (JBIC), TKYB said on March 29 in a stock exchange filing.

TKYB previously obtained loans from JBIC in 2013 and 2015, its general director Ibrahim Oztop said.

TKYB’s total outstanding external loans stood at $4.76bn at end-2020.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EBRD backs OTP Leasing to boost SME financing in Ukraine

The European Bank for Reconstruction and Development (EBRD) has stepped in to bolster financing for small and medium-sized enterprises (SMEs) in Ukraine, providing a guarantee to OTP Leasing to the ... more

Mirziyoyev commends $74bn of foreign investment and IFI inflows as third Tashkent International Investment Forum kicks off

The foreign investment inflow into Uzbekistan has topped $60bn in recent years, President Shavkat Mirziyoyev noted as the third Tashkent International Investment Forum (TIIF-2024) got under way. ... more

Agri Europe Cyprus led by Serbian businessman plans offer to acquire additional shares in Addiko Bank in May

Agri Europe Cyprus, a holding owned by Serbian businessman Miodrag Kostic, is preparing to announce an offer to acquire additional shares of Austria’s Addiko Bank AG in mid-May, ... more

Follow Us On

Most Read

  1. Shocking trial of ex-minister has shifted domestic violence attitudes in Kazakhstan, says brother
    4 days ago
  2. Cheap Russian drones overwhelm US-made Abrams tanks, taken out of action
    10 days ago
  3. COMMENT: Aliyev continues to block the chance of peace in the South Caucasus
    7 days ago
  4. RAGOZIN: Exhausting Russia, strategies and fantasies
    3 days ago
  5. Russia is producing weapons at a record pace, and Ukraine’s partners are trying to increase support for Kyiv
    5 days ago
  1. Albanians campaign on social media to keep bus bridge created in freak accident
    2 years ago
  2. Saudi Arabia to scale back plans for Neom city
    26 days ago
  3. Iran vs Israel: Who is better equipped for war?
    22 days ago
  4. Leading emerging markets move rapidly up World Bank’s PPP GDP and FDI confidence rankings
    27 days ago
  5. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    6 months ago

Reports

Dismiss