BEIJING (Reuters) – The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $500 million to two development banks in Turkey, to help ease liquidity issues caused by the COVID-19 pandemic.
The two borrowers, Trkiye Kalknma ve Yatrm Bankas AS
The loans are part of the AIIB’s $10 billion funding facility to help public and private sectors fight the outbreak.
(Interactive graphic tracking global spread of coronavirus: open https://tmsnrt.rs/3aIRuz7 in an external browser.)
(Reporting by Gabriel Crossley; Editing by Devika Syamnath)
