BAKU, Azerbaijan, September 13. Representatives of the European Bank for Reconstruction and Development (EBRD) Board of Directors will visit Türkiye from September 15 to 20, engaging in a series of strategic consultations and meetings with senior government officials, business leaders, and civil society organizations (CSOs), Trend reports.
The EBRD delegation includes Yasemin Girici, Director for Türkiye, Romania, Azerbaijan, and other countries, along with key directors from nations including Germany, France, Spain, and the United Kingdom. These representatives will meet with Vice President Cevdet Yilmaz and Minister of Treasury and Finance Mehmet Simsek, among other high-ranking officials.
The delegation's visit will focus on Türkiye’s southeastern region, which was severely affected by the devastating earthquakes in 2023. The natural disaster claimed more than 50,000 lives and caused widespread damage. Following the earthquake, the EBRD announced a 1.5 billion euro relief package, of which more than 1 billion euros has already been distributed. The funds are being used to provide credit lines for companies and individuals, support small and medium-sized enterprises (SMEs), and rebuild critical infrastructure.
In addition to the earthquake response, the EBRD continues to focus on green investments, financial resilience, and inclusive growth in Türkiye. In 2023 alone, the Bank invested a record 2.5 billion euros in the country, driven by both the post-earthquake recovery efforts and climate-focused projects.
Since 2009, the EBRD has invested more than 20 billion euros in Türkiye through 451 projects, the majority of which support the private sector. The last visit of the EBRD Board of Directors to Türkiye took place in 2017.