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Loans   Company News

7/4/2022

Yapı Kredi Secures New Funds from two Sources Amounting to $ 90 Million

Loans amounting to $ 30 million provided by the Asian Infrastructure Investment Bank (AIIB) with a maturity of 2 years and $ 60 million provided by the World Bank with a maturity of 5 years will be extended as credit to Small and Medium Sized Enterprises and commercial customers…

Yapı Kredi Bank has signed two loan agreements amounting to $ 90 million to be provided by the Turkish Development and Investment Bank and the Asian Infrastructure Investment Bank (AIIB) and also by the World Bank.

According to a disclosure made by the Yapı Kredi, the bank has secured a credit of $ 30 million provided by the Asian Infrastructure Investment Bank (AIIB) with a maturity of 2 years and $ 60 million provided by the World Bank with a maturity of 5 years. It is stated that the funds in question will be extended as credit to Small and Medium Sized Enterprises and commercial customers.

 

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