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From: European Bank for Reconstruction and Development <EBRD@public.govdelivery.com>
Date: Fri, Aug 1, 2014 at 7:02 AM
Subject: TurWiB- TEB
To: iammejtm@gmail.com
From: European Bank for Reconstruction and Development <EBRD@public.govdelivery.com>
Date: Fri, Aug 1, 2014 at 7:02 AM
Subject: TurWiB- TEB
To: iammejtm@gmail.com
| You are subscribed to Project summary documents for European Bank for Reconstruction and Development. This information has recently been updated, and is now available. 01-08-2014 12:00 AM BST The EBRD is considering a senior unsecured loan of up to €50 million to Turk Ekonomi Bankasi ("TEB"), a commercial bank incorporated in Turkey, to provide financing for the women-led small and medium-sized enterprises (SMEs") to promote women entrepreneurship in Turkey. The facility is a sub-project under TurWiB, which is an integrated and dedicated programme in Turkey targeting women-led SMEs. The ultimate goal of the facility is to promote women entrepreneurship and access to finance, and more broadly women's participation in business, through the development of a strong women-led SME sector in Turkey by facilitating access to finance and advice for women-led SMEs. The facility is supported by (i) technical cooperation programme to help TEB develop financial products that meet the specific needs of women-led enterprises, (ii) a risk sharing mechanism to stimulate lending to this group on a sustainable basis and will benefit from the synergies with (iii) the Women in Business Small Business Support ("SBS") component; which constitute the grant component of the TurWiB Programme as a whole.
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Jeremy Tobias Matthews
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