Europe and Central Asia

IB Policies Around the World

Tajikistan

Tajikistan has some potential for IB in agribusiness. The first IB investment was made by the ADB in Access uank. The government is looking to develop IB for job creation and asked ADB for a market scoping study. ADB is exploring the possibility of including IB in a public sector loan.

Turkey

Turkey enhanced access to finance for MSMEs through the launch of the Greater Anatolia Guarantee Facility (GAGF). MSMEs in developing regions do usually receive less lending than in other regions. Therefore, GAGF provides portfolio guarantees and loans to enterprises in the less developed regions of Turkey. The partnership between the Republic of Turkey, the European Union Commission, and four Turkish banks is a successful example for blending of public and private funds.