Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
53,9597
Dollar
Arrow
44,7447
Sterling
Arrow
63,0695
Gold
Arrow
6278,8821
BIST 100
Arrow
10.729

Şimşek announces: Investment-committed advance credit increased to 750 billion liras

Minister of Treasury and Finance Mehmet Şimşek announced that 250 billion liras in new credit support will be provided to the manufacturing industry.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
Şimşek announces: Investment-committed advance credit increased to 750 billion liras

Minister of Treasury and Finance Mehmet Şimşek shared the details of a new credit program aimed at supporting the real sector's access to financing.

According to Şimşek's statement, the size of the Investment-Committed Advance Credit has been increased to 750 billion liras. Within the scope of the program, 250 billion liras in new credit support will also be provided to the manufacturing industry.

Minister Şimşek stated that, together with ongoing programs, a total of 1 trillion liras in favorable-term financing is being offered for investment and working capital.

The new credit support is intended to facilitate access to financing, particularly for firms with production capacity and working capital needs.


News Source: 12punto

Mehmet Şimşek Ministry of Treasury and Finance Credit Package Investment-Committed Advance Credit Manufacturing Industry Real Sector