3/11/2009

EIB may grant loan even if no deal is inked with IMF

Halka Tercuman - Matthias Kollatz-Ahnen, Vice President of the European Investment Bank (EIB) in charge of Turkey, said that their operations will not be affected even if an agreement is not signed with the IMF. Kollatz-Ahnen stated that they achieved a record loan worth a total of EUR 2.7 billion in Turkey last year, exceeding their target. Kollatz-Ahnen added, “Looking at the previous years, this figure is pretty significant. I think that a similar figure can be achieved this year as well if sufficient demand is observed”.
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