Brussels, 16/05/2012 (Agence Europe) - The European Investment Bank (EIB), the EU's financing institution, is to lend €230 million for climate action and private sector development in Turkey, the Bank announced in a press release published on Tuesday 15 May. The funds will be allocated as follows:
€75 million will go to Turkiye Ihracat Kredi Bankasi A.S. (Eximbank) for export oriented and foreign currency earning small and medium-sized enterprises (SMEs). Eximbank is fully state-owned...