Çakmak represented the European Bank for Reconstruction and Development (EBRD) in its EUR 25 million loan to TEB.

07/05/2024

We are proud to have represented The European Bank for Reconstruction and Development (EBRD) in its EUR 25 million loan to Türk Ekonomi Bankası A.Ş. (TEB), which marks its first transaction under EBRD’s new Digital Transformation Financing Facility Programme. This transaction aims to bolster the digital transformation investments of small and medium-sized enterprises, paving the way for a digital transformation across the Turkish economy.

The Çakmak team was led by partner Devrim Ergun and included counsel Aslı Pabuççuoğlu, together with associate Pınar Bölükbaşıoğlu.

We congratulate the parties on this successful transaction.

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We have learned that some malicious people have recently been demanding money via phone using the name and address of Çakmak Attorney Partnership and some lawyer names, threatening that they have debts and that enforcement proceedings will be initiated against them if they do not pay to the account number provided.

Our Attorney Partnership does not call anyone with the threat of enforcement proceedings and the request for payment of money, and does not share any account information.

We kindly request that you do not heed such requests and calls made to you.

We present it for your information.