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Turkiye: Treasury-backed CGF introduces a new loan program valued at $4.3 billion

Description

On 18 June 2019, the Turkish Credit Guarantee Fund (CGF) introduced a new loan program called “the Economic Value Loan Program (EVL)” aimed at easing the access of businesses to financing. The loan pr...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Jun 2019

Revocation date

18 Jun 2023

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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