Members of Muğla Chamber of Commerce and Industry (MUTSO); TOBB Breathing Credits, which will pass on the protocol signed by TOBB, Ziraat Bank, Denizbank and Credit Guarantee Fund (KGF), on Monday, December 12th. MUTSO Chairman Bülent Karakus, members will use the upper limit of the credits stated that 100 thousand pounds.
“TOBB Breathing Credits”, which will pass on the protocol signed on Friday, December 2, which we passed in cooperation with the Chamber of Commerce of Turkey (TOBB), Ziraat Bank, Denizbank and Credit Guarantee Fund (KGF), will be members of Muğla Chamber of Commerce and Industry (MUTSO) To be distributed.
In this frame, besides the 15 million pounds provided by the Chamber for the members of MUTSO, a loan volume of 25 million pounds was created together with the source from TOBB. The guarantee of 85 percent of the loan will be given by the Credit Guarantee Fund. Room members can use the credit for 1 year term.
Muğla Chamber of Commerce and Industry Chairman of the Board of Directors and TOBB Board Member Bülent Karakus stated that about 500 SMEs are expected to benefit from this loan within 3 months, bearing in mind that the upper limit of the credits to be used by MUTSO members will be 100 thousand liras.
President Karakus emphasized that the provided credit will provide the SMEs to breathe, “We think that the use of this credit will be reflected in the market positively. We have announced that TOBB Breathing Credits will pass by the protocol signed in TOBB, Ziraat Bank, Denizbank and KGF cooperation. We believe that all of our banks will lower their loan interest rates in the period after the use of this loan, and that this will create a synergy, which will be reflected positively in the market. “366