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- Supporting SMEs in Turkmenistan
Supporting SMEs in Turkmenistan
Turkmenistan
| Borrower | The State Bank for Foreign Economic |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Financial |
| Approved | 12.06.2019 |
| Signed | 01.05.2020 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| OPEC Fund Contribution (US$m) | 10.00 |
This finance will enable the bank to better support small- and medium-size enterprises (SMEs) in the country. The proposed transaction is the OPEC Fund’s first private sector transaction in Turkmenistan.