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Jun-20 Akbank Jun-20 Turk Telekom Jun-20 Anadolu Etap Jun-20 TKYB
$75 EBRD
$100 EBRD 6-year
€60 EBRD
€316 World Bank 25-year $100 G. Sachs 8-year
€25 EBRD
$800 78% 367 $208 $699 89% 367 EBRD
$10,000 Qatar swap
$100 EBRD 367
$870 87% 367 $284
Libor+2.85% 6-year grace
Libor+2.25% €539 Libor+2.25% IFC Qatari riyal
Libor+2.25% €535 Libor+2.50%
€193
TLREF
Libor+2.25% €590 5-year grace Libor+2.25% €597
May-20 Aydem
May-20 Yayla
May-20 Isbank
May-20 Garanti
May-20 Central bank
May-20 Yapi Kredi
May-20 Yapi Kredi
May-20 Eximbank $85
Euribor+2.00% Euribor+2.00%
Euribor+2.00% Euribor+2.25%
May-20 Eximbank May-20 QNB Finansbank May-20 QNB Finansbank May-20 QNB Finansbank May-20 Izmir Municipality May-20 Enerjisa Enerji May-20 Eximbank May-20 Ulker
May-20 Denizbank May-20 Netlog
Apr-20 Vakifbank Apr-20 Health Ministry Apr-20 Ziraat
$723 134% 367
$255 128% 367 $45 $100 EBRD 2-year
€25 France 7-year Proparco
€25 Societe Generale
$125 EBRD TRY $100 IsDB
€75 EBRD $175 EBRD €25 EBRD
$950 86% 367 $312
$100 World Bank 10.5-year
$1,100 77% 367 $415
Euribor+2.00%
Euribor+2.00%
The World Bank approved a loan of $500mn for the implementation of a project in Turkey to support small and medium sized enterprises (SMEs) affected by the coronavirus (COVID-19) pandemic.
The EBRD on September 8 said it was maintaining its focus on expanding access to finance for Turkish businesses, with a new $54mn loan to Isbank, the largest private lender in Turkey.
The EBRD’s investments in Turkey so far this year have exceeded €1bn.
The development bank is a major investor in Turkey. Since 2009, it has invested €12.4bn through 311 projects in various sectors of the country’s economy, with almost all investment in the private sector. The EBRD’s €6.7bn portfolio in Turkey is the largest among the 38 economies where the bank invests.
A €40mn long-term EBRD loan is to be provided to the private developer of the Basaksehir Cam and Sakura City Hospital on the outskirts of Istanbul, the development bank said on September 16.
The €1.6bn hospital was built under a public-private partnership (PPP) to serve the country’s largest city.
As the pandemic worsened, part of the new hospital complex opened in April to treat the rising number of COVID-19 patients.
Now fully operational with 2,682 beds, the hospital is among the largest in
31 TURKEY Country Report October 2020 www.intellinews.com