European Bank for Reconstruction and Development

The European Bank for Reconstruction and Development (EBRD) is providing a long-term loan of 22 million euros to Kervan Gıda, the leading exporter of jelly sweets in Türkiye.

The funds will be used to finance capital expenditure investments to increase the capacity of the company's jelly and licorice production lines, install solar panels and improve its wastewater treatment methods.

The European Bank for Reconstruction and Development (EBRD) is providing a loan of $ 109 million to Türkiye's largest private lender İşbank for on-lending to businesses and individuals affected by the 6 February earthquakes that hit the country's south-eastern region.

BELGRADE - Serbian Deputy PM and Finance Minister Sinisa Mali said on Friday Serbia was a country with stable public finances and a serious and responsible economic policy focusing on people and better living standards.

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to $90 million to the Turkish private lender Akbank as part of its Türkiye Disaster Response Framework (DRF), launched in the aftermath of the devastating earthquakes that hit the country's southeastern cities.

Yiannis Kiachopoulos and Artur Saudabayev's Greek startup Causaly has raised $60 million. The main investor is ICONIQ Growth, which manages funds from the wealth of billionaires in the technology sector, including Facebook founder Mark Zuckerberg and Yahoo co-founder Jerry Yang.

Hellas Gold and its parent Eldorado Gold Corporation on Wednesday announced they had reached an agreement with the European Bank for Reconstruction and Development (EBRD) to provide financial support worth $60 million for the development of the Skouries gold and copper mine project. 

A new targeted investment will help address the critical financing needs of Türkiye's micro, small, and medium enterprises in the agricultural sector, the International Finance Corporation (IFC) has said.

It will help in preserving jobs and aiding economic recovery, with a particular focus on earthquake-impacted areas, the IFC, a member of the World Bank Group, said in a statement.

The Turkish Statistical Institute (TÜİK) will release the economic growth data for the first quarter on May 31.

The Turkish economy grew 5.6 percent last year with its GDP expanding 3.5 percent in the final quarter of 2022 from a year earlier.

Denizbank emekli promosyonu kampanyasını güncelledi. Emeklilikte Yaşa Takılanlar düzenlemesi ile birlikte emekli olmaya hak kazanan ve maaşlarını Denizbank'tan alacaklara ek promosyon ücreti ödenecek. Başvuru işlemleri mobil bankacılık, telefon bankacılığı ve şubelerden gerçekleşecek.

Kyiv claims to have won 20 square kilometers near Bahmut, but fierce fighting around the city continues.
Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin have agreed to discuss the dormant plan with the leaders of African countries, South African President Cyril Ramaphosa announced.

Russian air defense destroyed five missiles