News
25 July 2017

Turkish banks see weak demand for project finance deals

Region:
Europe

Project finance by Turkish banks is likely to decline to $12 billion this year, a drop of two-thirds from two years ago. Demand has been hit by lower energy prices and high financing costs, a senior executive at Garanti Bank said.

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
07 November 2025

Meta and Blue Owl’s Hyperion: Beyond project bonds

It's time to reach for the superlatives, as Meta and Blue Owl close the largest project financing ever as a high grade bond. But the risk allocation is pure project finance.

Interview
11 November 2025

Pertamina’s Bagus talks strategic finance

Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a volatile...