Development Bank of Turkey gets loan

Development Bank of Turkey gets loan

ANKARA - Anatolia News Agency

The EIB loan will go towards renewable energy projects in Turkey. Hürriyet photo

The Development Bank of Turkey (DBT) signed a 75 million euro loan agreement with the European Investment Bank (EIB) for the ‘Development of Small and Big Enterprises (DBT Loan for Renewable Energy and Energy Productivity).’

DBT has been cooperating with the EIB since 2002 and has secured 462.5 million euros in loans from the EIB since that date .

The latest loan will be used in preventing climate change, renewable energy for greenhouse gas emission, energy productivity and productivity of energy in losses of electricity in distribution.
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