EUR 25 Million from the Funding from Development Bank of Austria to TSKB
TSKB and the Development Bank of Austria (OeEB) signed a new loan agreement for a total amount of EUR 25 million. TSKB CEO Murat Bilgiç commented on the loan agreement, which was signed on the same day as TSKB Development Day on May 28, “We are delighted to contribute to the development journey of our country through this loan agreement signed on this special day.”
TSKB (Industrial Development Bank of Türkiye), which has contributing to sustainable development-oriented investment projects for long years through on-lending facilities obtained on international markets, has signed a new loan agreement with the Development Bank of Austria (OeEB) for the amount of EUR 25 million. This third agreement between TSKB and OeEB, with an 8-year maturity, will be used to finance renewable energy and energy efficiency investments.
TSKB CEO Murat Bilgiç commented on the latest agreement signed during the 2nd TSKB Development Day. "Following more than 10 years of cooperation and several funding agreements with the Development Bank of Austria, this new agreement reflects our shared values. For long years, TSKB has been on-lending funds from international markets and development finance institutions to projects that support the sustainable development goals of our country and our Bank. We will continue to support the private sector’s renewable energy and energy efficiency investments through the new loan agreement we signed on this special day celebrating the 75th year of our Bank. I would like to extend my sincere thanks to the Development Bank of Austria for their continued cooperation.
