Region - SE Europe & Balkans
US Ex-Im boosts exports to Turkish energy sector
US Ex-Im has approved a financing agreement with Turkey’s ministry of energy and natural resources to cooperate in financing US renewable energy exports to the country.
Noble subsidiary wins EBRD funding
The European Bank for Reconstruction and Development has agreed a US$24mn loan to Noble Resources Ukraine.
EBRD boosts Turkish real economy
A US$185mn facility for Turkish micro, small and medium-sized enterprises has been launched by the EBRD.
EBRD mulls Polish renewable project
The EBRD is considering a €150mn loan to Polish banks to stimulate small-scale renewable energy investments.
Kyrgyzstan nationalises AUB
One of the largest banks in Kyrgyzstan AsiaUniversalBank has been nationalised by the head of the country’s interim government, Roza Otunbaeva.
BNP Paribas Fortis funds the silver screen
Digital cinema solutions provider XDC has secured a €100mn (US$122mn) credit facility led by BNP Paribas Fortis.
Russia and Ukraine strengthen ties
VTB and Ukreximbank have signed an interbank cooperation agreement to strengthen the existing partnership between the institutions.
EBRD launches online training platform
The European Bank for Reconstruction and Development has teamed up with Coastline Solutions to launch an online training programme.
Yapi Kredi boosts Turkish pre-financing
Turkey’s Yapi Kredi has won a syndicated dual-tranche term loan facility worth US$1bn.
Aktif Bank hires new VP
Alper Nalbant has joined Turkey's Aktif Bank as the vice-president of financial institutions.
Belinvestbank trade loan oversubscribes
Initial mandated lead arranger VTB Bank and a consortium of lenders have closed an oversubscribed US$59.5mn loan facility for the Belarusian Bank for Development and Reconstruction (Belinvestbank).
Sace set for Turkish expansion
Sace is set to establish a representative office in Istanbul in what Sace's head of international relations and network calls its "biggest initiative for the coming year".
ERBD invests in Turkish agribusiness
The European Bank for Reconstruction and Development has made its first investment into Turkish agribusiness by signing a US$30mn loan to Noble Hammadde Ticaret.
Akbank earns oversubscribed syndicated loan
A syndicate of 55 banks from over 20 countries has signed a multi-currency dual-tranche term loan facility for Turkey’s Akbank.
Trade & cash convergence in Turkey
BNY Mellons' treasury services continued its thought leadership dialogue around the future of transaction banking in January in Istanbul.

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