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Subordinated loan to Nurolbank| Dünya / 06/04/2017

Nurolbank received OPIC guarantee loan of $10 million from World Business Capital (WBC), one of the leading commercial finance institution of the USA. The loan will be used to support the factoring companies which provide services for small and medium size enterprises in Turkey. The loan which was paid to Nurolbank with 10-year term period and $ 5 million of which is subordinated loan costs 3-month libor (London interbank offered rate) + 5.65. Özgür Altuntaş, CEO of Nurolbank, said “We believe that this loan which is also approved by OPIC (Overseas Private Investment Corporation) supporting investment of US origin companies in different countries will increase competitive power of the SMEs.”

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