World Bank Provides 300 Million Euros Credit to Turkiye Development and Investment Bank

In a disclosure made by the Turkey Development and Investment Bank on the Public Disclosure Platform (KAP), it was stated that “Our bank has secured 300 million euros in credit from the International Bank for Reconstruction and Development (IBRD), a subsidiary of the World Bank, and 15 million dollars in credit from the Clean Technology Fund (CTF), as well as 1.5 million dollars in grants from the World Bank and the Energy Sector Management Assistance Program (ESMAP), for the financing of distributed solar energy and battery energy storage system projects.”

source prepared by Melisa Beğiç

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