IFC Approves $30 Million Loan to Garanti’s Romanian Unit
The International Finance Corporation, the World Bank’s investment arm, approved a 22.5 million-euro ($30 million) loan to the Romanian unit of Turkiye Garanti Bankasi AS to finance small- and medium-sized business managed by women, the IFC said in a statement today.
Turkiye Garanti Bankasi is Turkey’s biggest listed bank by market value.
To contact the reporter on this story: Andra Timu in Bucharest at email@example.com
To contact the editor responsible for this story: James M. Gomez at firstname.lastname@example.org