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Seker Sub

Sector: Raw Materials • Location: Turkiye

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project consists of a subordinated loan of up to US$50 million to Sekerbank which would qualify as Tier II capital. The proposed investment intends to strengthen Sekerbank’s balance sheet by expanding its capital base, as well as support its growth strategy, focusing on the MSME segment. The subordinated loan would be used to finance the Bank’s lending operations to women owned SMEs (

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Project Information

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The project “Seker Sub” is an infrastructure initiative in the Raw Materials sector, located in Turkiye. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed project consists of a subordinated loan of up to US$50 million to Sekerbank which would qualify as Tier II capital. The proposed investment intends to strengthen Sekerbank’s balance sheet by expanding its capital base, as well as support its growth strategy, focusing on the MSME segment. The subordinated loan would be used to finance the Bank’s lending operations to women owned SMEs (minimum 50% of facility amount) and the MSME segment in general.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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State

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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