EIB resumes financing in Turkiye with €200 million to support the decarbonisation of Turkish companies
Turkey, June 10 -- The European Investment Bank (EIB) signed two new financing operations of €100 million each with the Development and Investment Bank of Turkiye (TKYB) and Turk Eximbank. The two banks will on-lend the funds to Turkish small and medium-sized enterprises (SMEs) and mid-caps for renewable energy and energy efficiency investments. The EIB financing will support projects that reduce emissions of greenhouse gases, strengthen supply chains and energy security, enhance climate resilience, and create new green jobs in Turkiye. The EIB delegation held productive discussions with Turkish government officials regarding further cooperation in the areas of sustainable transport, infrastructure and support for the private sector's...
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