News
18 December 2020

FMO supports Turkish SME sector Odeabank financing

Region:
Europe

Dutch development bank FMO has closed a $25 million transaction with a five-year tenor with Odeabank, a privately owned foreign bank in Turkey, to support SMEs during the COVID-19 pandemic.

In addition, FMO supports the trade finance activities of Odeabank via a trade finance guarantee, aimed at supporting export opportunities of the SME clients of Odeabank.

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