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Friday, December 04, 2020
Istanbul to seek more foreign funding as Turkish banks won't help - mayor | Reuters
Istanbul to seek more foreign funding as Turkish banks won't help - mayor
By Reuters Staff
ISTANBUL (Reuters) - Istanbul’s municipality will issue new bonds or seek other foreign financing for major projects as Turkey’s state banks refuse to extend loans, mayor Ekrem Imamoglu said on Friday, days after it completed its first ever eurobond issue.
More:Istanbul to seek more foreign funding as Turkish banks won't help - mayor | Reuters