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New source for Turkey Wealth Fund

Turkey Wealth Fund has secured over 1 billion euros in credit from abroad. The Turkey Wealth Fund (TVF) announced that the syndication credit process has been completed for the first time “without Treasury guarantee.” According to the announcement, a credit of 1.1 billion euros will be provided with the participation of 20 banks from 12 countries. The maturity of the credit has been set at two years. The new credit renewal rate of 139 percent exceeded the 2023 syndication credit that reached maturity.

New source for Turkey Wealth Fund

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