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Ziraat raises borrowing from European Investment Fund to 2.1 billion lira
July 23, 2014 / 6:10 AM / 3 years ago

Ziraat raises borrowing from European Investment Fund to 2.1 billion lira

ISTANBUL, July 23 (Reuters) - Turkey’s state-run lender Ziraat said on Wednesday it had increased a loan from the European Investment Fund to 2.1 billion lira ($998 million) from a previous 1.3 billion lira.

The funds will be used for microloans, Ziraat said in a statement to the stock exchange. ($1 = 2.10 lira) (Reporting by Ayla Jean Yackley; Editing by Daren Butler)

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