The Turkey Wealth Fund has secured over 1 billion euros in credit from abroad. According to a statement from the Turkey Wealth Fund (TVF), this syndicated loan process has been completed for the first time without a “Treasury guarantee”. The 1.1 billion euro loan will be provided with the participation of 20 banks from 12 countries. The loan has a maturity of two years. The new loan has a 139% renewal rate compared to the syndicated loan from 2023 whose maturity has been completed.