News Snapshot:
Turkish, Asian banks sign $200M loan deal to finance infrastructure firms by Anadolu Agency by Anadolu Agency Aug 05, 2020 2:49 pm The Industrial Development Bank of Turkey (TSKB) and the Asian Infrastructure Investment Bank (AIIB) have signed a $200 million loan deal to support companies hurt by the COVID-19 pandemic. The agreement aims to meet the liquidity needs of companies operating in the infrastructure, transport, energy, water, sustainable cities, health, IT, and communication technologies sectors and production, the Turkish bank said in a statement Tuesday. Under the COVID-19 Credit Line Project, extended under the repayment guarantee of Turkey's Treasury...
