Announcement regarding DPR securitization
Announcement regarding DPR securitization
Garanti Bank, within the framework of its international borrowing program, has secured a financing in the amount of 400 million USD with a maturity of 14 years through its Diversified Payment Rights securitization program. The funding which is granted directly by OPIC (Overseas Private Investment Corporation) will be used to finance credit needs of SME’s across Turkey, including women entrepreneurs and priority regions for development in Turkey.