ADB Approves $175 Million Loan to Türkiye’s İLBANK to Increase Renewable Energy Use in Municipalities

Source: Asia Development Bank

ADB has approved a $175.48 million results-based loan to help finance renewable energy-focused activities of İller Bankası Anonim Şirketi (İLBANK), Turkiye’s state-owned development and investment bank overseeing and financing municipalities for government-approved development projects.