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EBRD joins ING Türkiye’s first Basel III compliant Tier II bond issuance

The European Bank for Reconstruction and Development (EBRD) is investing $25 million in ING Türkiye’s first ever Basel III compliant Tier II (B3T2) bond issuance. This is also EBRD’s first B3T2 investment in the country. The financing will be used to strengthen ING Türkiye’s already strong Tier II capital position,…

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