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Regional Development and Effects of Investment Banks

Year: 2016

Type: article

Abstract: The World Bank is the most important financier for international investment. The bank opens credits mostly for investment projects in developing countries. Turkey has received various investment credits since its membership to the World Bank on March 11, 1947. The credits were used for economic and social domains. Turkey has also been granted credits from the European Investment Bank (EIB). The credits received are composed of micro credits that belong to small and medium enterprises (SMEs). A regional development bank, Islamic Development Bank, has also received credits through Eximbank and Industrial Development Bank of Turkey (TSKB) to finance Turkish SMEs. This paper deals with Turkish investment strategies in the framework of basic principles of investment – development banks.

Source: International Journal of Finance & Banking Studies (2147-4486)

DOI: 10.20525/ijfbs.v2i1.641

Authors: Ismail Erkan Celik, Umit Hacioglu, Hasan Dincer

Institution: Istanbul Medipol University

Language: English

Topic: International Development and Aid

Subfield: Development

Field: Social Sciences

Domain: Social Sciences

SDGs: Partnerships for the goals, Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W1558949979

FWCI:

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