DenizBank’s gender-focused DPR securitization snares EBRD help

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By Tom Brown
02 Mar 2021

DenizBank is using its diversified protection rights (DPR) securitization programme to funnel cash into women-led businesses and renewable energy, snaring a $100m loan from the European Bank for Reconstruction and Development (EBRD).

The EBRD is providing the $100m loan through a DenizBank securitization as part of the bank’s plans to issue a $435m ABS deal. The deal complements a government-led risk transfer initiative to fund female entrepreneurship.

Half of the funds will go towards the Women in Business programme, set ...

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