EBRD financing for ?ekerbank supports women- and youth-led entrepreneurship
Turkey, Dec. 16 -- The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to €60 million to ?ekerbank - one of the leading backers of small and medium-sized enterprises (SMEs) in Turkiye - to advance financial inclusion and foster economic opportunities for women- and youth-led businesses across the country.The financing will be split evenly between (i) funds to be lent on to women-owned or -led SMEs under the Turkiye Women in Business II (TurWiB II) programme and (ii) funds for on-lending in support of micro, small and medium-sized enterprises that are managed or majority-owned by individuals under the age of 35 through the Turkiye Youth in Business (TurYiB) programme.This transaction will ...
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