EBRD, TSKB lending 11 mln euro to Turkey's Altinmarka

FMCG Turk

November 12, 2020

The company is part of Altinmarka Group, which also includes Turkish coffee chain Kahve Dunyasi, coffee processing facility Detay Kahve, chocolate confectionery producer Detay Cikolata and Bulgarian cocoa and chocolate producer Alcao

The European Bank for Reconstruction and Development (EBRD) and Turkey's investment and development bank Turkiye Sinai Kalkinma Bankasi (TSKB) are jointly providing a 11 million euro ($13 million) loan to Turkish liquor and cocoa powder producer Altinmarka Gida Sanayi Ve Ticaret AS to back its business growth, the EBRD said on Wednesday.

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