World Bank launches third project for Turkish SMEs

A new project has been launched by the World Bank to provide up to $400m of financing for small and medium enterprises (SMEs) in Turkey, increasing the sector’s access to medium- and long-term funding, specifically through lease financing.

  • By Nina Flitman
  • 27 Jun 2013
The Third Access to Finance to Small and Medium Enterprises project will see the World Bank provide $300m of funding to Ziraat Bank through a government guaranteed loan. As a wholesaler, the bank will then in turn intermediate the financing through to leasing companies and banks that will ...

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