WASHINGTON, June 12, 2020 - The World Bank’s Board of Executive Directors today approved the following project:
Turkey Long Term Export Finance Guarantee Project
IBRD Loan: EUR 250 Million (US$ 273.58 Million Equivalent)
Term: Maturity = 10.5 years, Grace = 5 years
Project ID: P171448
Project Description: The Project Development Objective is to improve access to longer-term finance for Export Oriented Small and Medium Enterprises and Export Oriented Mid-Cap Enterprises.
For more information, please visit: https://projects.worldbank.org/en/projects-operations/project-detail/P171448?lang=en