(IN BRIEF) Garanti BBVA has become the first Turkish bank to offer fully digital vehicle loans for individual customers, expanding a service previously available only to companies and self-employed clients. The entire loan application process, covering nearly 40 automobile brands, … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Ceren Acer Kezik, Digital Vehicle Loans, Garanti BBVA, Türkiye
(IN BRIEF) Garanti BBVA Mobile, Türkiye’s leading private-sector banking app, saw over 2.7 billion logins in the first half of 2024, reflecting its rapid growth and widespread use among over 15.5 million active users. The app’s extensive features and user-friendly … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Spain, Technology, Turkey
Tagged BBVA, digital banking, Garanti BBVA, mobile app, Murat Çağrı Süzer, partnership, sustainability, Türkiye
(IN BRIEF) Turkcell has successfully completed a trial of Ericsson’s 5G Cloud RAN technology, becoming one of the first telecom operators globally to explore this advanced solution. The deployment marks a significant step in Turkcell’s network modernization efforts, enhancing flexibility … Read the full press release
(IN BRIEF) BBVA’s AI Factory has expanded to Mexico and Türkiye, doubling its workforce to over 400 AI experts. This expansion aims to accelerate the development of AI solutions to improve customer experiences and optimize internal processes. The AI Factory … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged AI Factory, AI innovation, BBVA, Ignacio Teulón, Mexico, partnership, sustainability, Türkiye
(IN BRIEF) Alstom has strengthened its rail capabilities in Türkiye by acquiring Duray Ulasim Sistemleri in Bursa and establishing an Advanced Industrial Center. The new facility, which employs over 200 people, will produce critical rail components and support Alstom’s global … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, Africa, Alstom, Bursa, Central Asia, Kerem Bugay, Middle East, Nazlı Zengin, partnership, rail systems, sustainability, Türkiye
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has revealed the shortlist for the prestigious EBRD Literature Prize, showcasing a diverse array of compelling works from writers across several countries and regions of the Bank’s operation. Selected by … Read the full press release
Posted in Awards, Banks, Business, Financial, Government, Industrial, Investment, Management, Media, News, United Kingdom
Tagged Awards, CROATIA, EBRD, EBRD Literature Prize, Edward Bannerman, Greece, Hungary, Lebanon, Maureen Freely, Maya Jaggi, MOROCCO, Philippe Sands, Romania, The Czech Republic, Türkiye, UKRAINE
(IN BRIEF) Ericsson Research Türkiye leads the ROBUST-6G project, contributing to the development of cutting-edge security solutions for 6G networks. The project aims to address the cybersecurity challenges of future 6G services and networks by leveraging AI/ML techniques and zero-touch … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden, Technology, Telecom, Turkey
Tagged 6G Networks, AI-Driven, Cybersecurity, Ericsson, Işıl Yalçın, partnership, ROBUST-6G Project, security solutions, Smart Networks and Services Joint Undertaking (SNS JU), sustainability, Türkiye
(IN BRIEF) Garanti BBVA, a leading digital banking institution in Türkiye with 14 million customers, has unveiled the Bonus Platinum Biometric Card, revolutionizing secure payments. The card allows users to make purchases by scanning their fingerprint, enhancing security and convenience. … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending $100 million in financing to Türkiye İş Bankası (İşbank), Türkiye’s largest private bank, to support earthquake recovery efforts in the south-eastern region of Türkiye and empower women-led small … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, Turkey, United Kingdom
Tagged Dariga Haynes, disaster, Earthquake Recovery, EBRD, Gamze Yalçın, Işbank, leadership, partnership, SMEs, sustainability, Türkiye, WOMEN
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a US$ 109 million loan to Turkiye İş Bankası (İşbank), the largest private bank in Türkiye, to aid businesses and individuals affected by the devastating earthquakes that hit … Read the full press release
Posted in Banks, Business, Financial, Small Business, Turkey
Tagged Arthur Poghosyan, earthquakes, EBRD, Gamze Yalçın, İşbank, Türkiye, Türkiye Disaster Response Framework, Turkiye İş Bankası
(IN BRIEF) Garanti BBVA has partnered with Enterprise Türkiye to promote electric mobility and car rentals in Türkiye. As part of this collaboration, Garanti BBVA is offering an ecommerce loan, known as a Buy Now Pay Later (BNPL) loan, to … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to US$90 million to Akbank in Türkiye as part of the Türkiye Disaster Response Framework. The loan will assist businesses and individuals affected by … Read the full press release
Posted in Banks, Financial, Infrastructure & Utilities, Turkey, United Kingdom
Tagged Akbank, earthquakes, EBRD, Francis Malige, Levent Çelebioğlu, loan, Türkiye, Türkiye Disaster Response Framework
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched a program to modernize Türkiye’s maritime sector and promote green investments and climate mitigation technologies. Developed in collaboration with the Turkish Ministry of Transport and Infrastructure and the … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Investment, Turkey
Tagged climate mitigation, EBRD, EU, European Union, green investments, low-carbon economy, maritime, Nikolaus Meyer Landrut, Sue Barrett, The Maritime Decarbonisation and Green Shipping Programme, Türkiye
(IN BRIEF) KEAS, the largest wood panel producer in Türkiye, has successfully started operations of its new fiber preparation line for Medium Density Fiberboard (MDF) production at its Balikesir mill. Supplied by ANDRITZ, the line has a capacity of 60 … Read the full press release
(IN BRIEF) EBRD provides $143.25 million to DenizBank for green investments, women-led businesses, and earthquake response. The financing package supports DenizBank’s Diversified Payment Rights program and includes funds for on-lending to green economy projects, women-led SMEs, and companies involved in … Read the full press release
Posted in Banks, Financial, Investment, Small Business, Turkey, United Kingdom
Tagged Arthur Poghosyan, DenizBank, earthquake response, EBRD, green investments, Hakan Ateş, Türkiye, women-led businesses
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and ILX Management, has formed a partnership to enhance private-sector finance in emerging markets. The initiative aims to attract investments of up to … Read the full press release
Posted in Banks, Economy, European Union, Financial, Industrial, Investment, United Kingdom
Tagged asset manager, Caucasus, EBRD, EFSD+, EU, European Union, ILX Management, Manfred Schepers, Odile Renaud-Basso, Türkiye, Valdis Dombrovskis, Western Balkans
(IN BRIEF) EBRD has approved a loan of US$110 million to Enerjisa Uretim in Türkiye to support the expansion of their wind power portfolio. Enerjisa Uretim’s projects will reduce CO2 emissions by 52,000 tonnes annually and promote employment opportunities for … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a loan of €25 million to Mav Elektrik, a Turkish energy company, to replace loans that funded the construction of the Arikcayiri biomass power plant. The plant is … Read the full press release
(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBWE) hat der Türk Ekonomi Bankası A.Ş. (TEB), um die finanziellen Möglichkeiten für von Frauen geführte kleine und mittlere Unternehmen (KMU) in Türkiye zu erweitern. Dieses Darlehen ist Teil des EBWE-Programms … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €50 million loan to Türk Ekonomi Bankası A.Ş. (TEB) to expand financial opportunities for women-led small and medium-sized enterprises (SMEs) in Türkiye. This loan is part of … Read the full press release
Posted in Banks, Financial, Small Business, Turkey, United Kingdom
Tagged EBRD, gender equality, loan, SMEs, TEB, Türk Ekonomi Bankası A.Ş., Türkiye, Türkiye Women in Business II, TurWiB, TurWiB II, women-led SMEs
(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBRD) hat Tam Finans Factoring A.S., einem Factoring-Unternehmen in Türkiye, im Rahmen ihres Handelserleichterungsprogramms (TFP) eine Factoring-Fazilität in Höhe von 10 Millionen Euro zur Verfügung gestellt. Ziel der Fazilität ist die … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided Tam Finans Factoring A.S., a factoring company in Türkiye, with a €10 million factoring facility under its Trade Facilitation Programme (TFP). The facility aims to support small and … Read the full press release
(IN KÜRZE) Starwood Orman Urunleri Sanayi A.S., ein türkisches Industrieunternehmen, hat in nur fünf Monaten erfolgreich eine neue Faseraufbereitungsanlage von ANDRITZ zur Herstellung von Fasern für mitteldichte Faserplatten (MDF) implementiert. Die Anlage, die eine Mischung aus Kiefern- und Buchenholzhackschnitzeln verarbeitet, … Read the full press release
(IN BRIEF) Starwood Orman Urunleri Sanayi A.S., a Turkish industrial company, has successfully implemented a new fiber preparation system from ANDRITZ for the production of fibers for Medium Density Fiberboard (MDF) in just five months. The system, which processes a … Read the full press release
(NOTICIA EN BREVE) El Banco Europeo para la Reconstrucción y el Desarrollo (BERD) ha concedido un préstamo de 25 millones de euros a GarantiBBVA Leasing en Türkiye para apoyar la concesión de préstamos a empresas para proyectos de eficiencia energética … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, News, Turkey, United Kingdom
Tagged BERD, Economía Verde, eficiencia energética, energías renovables, Financiamiento, Garanti Finansal Kiralama, GarantiBBVA Leasing, préstamo, resiliencia climática, Türkiye
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €25 million loan to GarantiBBVA Leasing in Türkiye to support lending to businesses for energy efficiency and renewable energy projects. The loan will provide lease financing to … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, News, Turkey, United Kingdom
Tagged climate resilience, EBRD, energy efficiency, financing, Garanti Finansal Kiralama, GarantiBBVA Leasing, green economy, loan, renewables, Türkiye
(PRESS RELEASE) LONDON, 20-Jan-2023 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has made a significant move in the Turkish retail market, purchasing a minority equity stake in DeFacto, a global clothing retailer … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Financial, Investment, News, Retail, Turkey
Tagged affordable clothing, apparel retailer, DeFacto, EBRD, equity, Hande Işlak, Ihsan Ates, Inclusion, Türkiye
(COMUNICADO DE PRENSA) LONDRES, 20-Jan-2023 — /EuropaWire/ — El Banco Europeo para la Reconstrucción y el Desarrollo (EBRD), un banco multilateral de inversiones para el desarrollo, ha dado un paso importante en el mercado minorista turco, al adquirir una participación accionaria … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Financial, Investment, News, Retail, Turkey
Tagged DeFacto, EBRD, equidad, Hande Işlak, Ihsan Ates, inclusión, minorista de ropa, ropa asequible, Türkiye
(PRESS RELEASE) LONDON, 5-Jan-2023 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced that it is providing a loan of €15 million to Akkim Kimya in Türkiye to finance the establishment … Read the full press release
Posted in Banks, Chemicals, Financial, Industrial, Investment, Turkey
Tagged Akkim, Akkim Kimya, annual production capacity, diversify, EBRD, epichlorohydrin, epoxy resin, import, liquid epoxy resin, loan, manufacturing plant, producer, solid epoxy resin, Türkiye, Yalova
(COMMUNIQUÉ DE PRESSE) LONDON, 5-Jan-2023 — /EuropaWire/ — La Banque européenne pour la reconstruction et le développement (BERD), une banque multilatérale d’investissement pour le développement, a annoncé qu’elle accordait un prêt de 15 millions d’euros à Akkim Kimya à Türkiye … Read the full press release
Posted in Banks, Chemicals, Financial, Industrial, Investment, Turkey
Tagged Akkim, Akkim Kimya, annual production capacity, BERD, capacité de production annuelle, diversification, diversify, EBRD, épichlorhydrine, epichlorohydrin, epoxy resin, import, importation, liquid epoxy resin, loan, manufacturing plant, prêt, producer, producteur, résine époxy, résine époxy liquide, résine époxy solide, solid epoxy resin, Türkiye, usine de fabrication, Yalova
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