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TSKB Sub Loan

Sector: Government • Location: Turkiye

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project consists of a subordinated loan of $50 million to Turkiye Sinai Kalkinma Bankasi (TSKB or the company), Turkey’s largest term-lending institution. Founded in 1950 with assistance from the World Bank, TSKB has played an active role in Turkey’s economic development and has provided medium term loans to more than 3,500 projects. It has also invested in the equity of more than 1

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Project Information

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The project “TSKB Sub Loan” is an infrastructure initiative in the Government 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 $50 million to Turkiye Sinai Kalkinma Bankasi (TSKB or the company), Turkey’s largest term-lending institution. Founded in 1950 with assistance from the World Bank, TSKB has played an active role in Turkey’s economic development and has provided medium term loans to more than 3,500 projects. It has also invested in the equity of more than 100 companies. The purpose of this investment is to strengthen TSKB’s tier II capital and thereby enable it to expand its balance sheet. TSKB is the borrower of choice for multi-lateral credit lines and therefore, this project will enable TSKB to enhance availability of medium term funding for capital investment by Turkish private sector companies.

Original sub-sector

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Original Currency

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Original budget

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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

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Article Published Date

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