"IFC Supports Turkish Entrepreneurs through a €20M Loan to Finans Leasing A.S.
/noticias.info/ The International Finance Corporation, the private sector arm of the World Bank Group, today announced the signing of a €20 million loan agreement with Finans Leasing A.S. The facility will support the company’s lending to small and medium enterprises across Turkey.
Shahbaz Mavaddat, IFC’s director for Southern Europe and Central Asia, said, “We are very pleased with this investment, which further strengthens our relationship with Finans Leasing. This project is a key element in IFC’s strategy of advancing the Turkish financial sector by supporting well-managed financial institutions and enabling its operational expansion with a focus on corporate and small business sectors.”
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