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IFC Invests $100 Million in TSKB to Boost Gender Equality and Employment in Türkiye

Dec 24, 2024over 1 year ago

Contract Type

partnership

IstanbulFinancial Services

Description

IFC is investing $100 million in TSKB, the country's first privately-owned development and investment bank, to increase financial support for enterprises fostering women’s inclusion and to promote women's economic participation, leadership, and access to services in Türkiye. The partnership aims to enhance the impact of women's productivity on the economy by increasing their competencies beyond traditional social roles and to continue expanding access to finance for such enterprises, with a focus on earthquake-affected regions.

Company Information

Company

Industrial Development Bank of Türkiye (Türkiye Sınai Kalkınma Bankası)

Location

Istanbul, Turkey

About

Industrial Development Bank of Türkiye (Türkiye Sınai Kalkınma Bankası), the country's first privately-owned development and investment bank, is dedicated to fostering women’s inclusion and promoting women's economic participation, leadership, and access to services in Türkiye.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.