EBRD agrees first loan under Sustainable Resource Initiative

By Dan Alderson
23 Oct 2014

The European Bank for Reconstruction and Development has agreed a €50m loan to Türkiye Sınai Kalkınma Bankası, the EBRD’s first credit line under its Sustainable Resource Initiative.

TSKB, the first privately owned development and investment bank incorporated in Turkey, will lend the funds to private sector companies to finance resource efficiency investments, including water and energy efficiency and waste minimisation projects. 

The loan has a seven year tenor, with two years' ...

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