DBT, CEB sign Euro 100M loan agreement to support MSMEs

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The Development Bank of Turkey (DBT) and the Council of Europe Development Bank (CEB) signed a Euro 100 million loan agreement to support micro, small and medium enterprises (MSMEs).
The new loan agreement, provided under repayment guarantee of the Undersecretary of Treasury, is aimed at supporting MSME investments located in Turkey through wholesale banking. It is also intended to be used for MSMEs easier access to finance and for promoting job creation and preservation in the country.
DBT is Turkey’s leading institution for development and sustainable growth.

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