Industrial Development Bank of Turkey
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Panelsan secures loan from EBRD, TSKB
The European Bank for Reconstruction and Development (EBRD) said yesterday that it is facilitating access to finance for insulation panels producer Panelsan through a risk-sharing facility with Türkiye Sinai Kalkinma Bankasi (TSKB), the Industrial Development Bank of Turkey.
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Kalyon inks $812 mln deal for mega project
Kalyon Enerji, the developer of the largest solar facility in Turkey, on Nov. 30 signed a $812 million loan agreement with six Turkish banks, U.S. lender JPMorgan Chase & Co and U.K. Export Finance (UKEF).
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EBRD, Turkish development bank back medical producer
The European Bank for Reconstruction and Development (EBRD) and the Industrial Development Bank of Turkey (TSKB) will jointly provide €1 million ($1.2 million) in financing to an innovative medical equipment producer, the EBRD said on Dec. 29.
Turkish house sales dip in July, but analysts hopeful for future
House sales in Turkey plunged by 20.2 percent in July, though many analysts have put the dip down to the effect of Ramadan and expect upward momentum through the rest of the year.
According to figures released by the Turkish Statistical Institute (TÃÄ°K), a total of 85,101 houses changed hands in July, marking a one-fifth decline from the same month last year.