02.06.2009 - Turkey’s Development Bank to favor small firms with $1 billion in loans
From Todayszaman.com: The Development Bank of Turkey (TKB) plans to provide some $1 billion in loans for Turkish small and medium-sized enterprises (SMEs) that are feeling the worst of the global financial crisis. KB General Manager Abdullah Çelik, who is in Ashkabad to attend the annual meeting of the Islamic Development Bank (IDB), said they will extend the loans before the end of this year. Çelik said they will sign a contract with IDB officials on June 3 for a $40 million loan for Turkish SMEs.........Full Article: Source
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