Credit Line for Turkiye Kalkinma Bankasi A.S. under GREEN Operations
Supporting Renewable Energy and Energy Efficiency Projects
- Area: The Middle East
JBIC established a credit line for Turkiye Kalkinma Bankasi A.S. (TKB), a policy-based financial institution in Turkey. The credit line is extended under the GREEN (Global action for Reconciling Economic growth and ENvironmental preservation) operations to provide necessary funding through TKB for environment-related projects in Turkey. The expanded cooperative relationship between the two banks reinforced by this credit line is expected to provide broader ranging support for infrastructure projects in Turkey in which Japanese companies participate.