EBRD and QNB Leasing support resilience and earthquake recovery
Turkey, May 21 -- The European Bank for Reconstruction and Development (EBRD) is supporting green investment in Turkiye by providing financing of up to €50 million to QNB Leasing under the Turkiye Green Economy Financing Facility III (GEFF III).The financing package, which consists of up to €47 million of EBRD funding and a concessional loan of up to €3 million from the TaiwanICDF, is designed to address affordability barriers in regions affected by the devastating earthquakes of February 2023 and facilitate long?term green investment in the places where it is needed most.At least 30 per cent of the facility will be dedicated to green investment in earthquake-affected regions, supporting reconstruction and recovery by help...
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