Development and Investment Bank of Türkiye (TKYB) and China Development Bank (CDB) signed a USD 200 million loan agreement to support companies’ working-capital requirements.

Strong Support from TKYB for the Real Sector: USD 200 Million Agreement with China Development Bank

Development and Investment Bank of Türkiye (TKYB) launched another new cooperation initiative that will contribute to Türkiye’s sustainable development. TKYB signed a USD 200 million financing agreement with China Development Bank (CDB), one of the world’s leading development finance institutions. The loan will be extended to support the working-capital needs of companies in Türkiye.

Commenting on the agreement, TKYB CEO İbrahim Öztop said: “We are very pleased to cooperate for the second time within a short period with China Development Bank, a strong global development finance institution. In addition to demonstrating CDB’s confidence in our country, this agreement also reveals the strength of the shared vision between CDB and TKYB and the importance attached to long-term cooperation. The USD 200 million loan will contribute to companies’ working capital while also supporting stronger production and employment. As TKYB, we are committed to standing by the real sector and expanding international cooperation to help Türkiye achieve its sustainable development objectives.”