//

EBRD’s new VP visits Turkey

Matteo Patrone, Vice President for Banking at the European Bank for Reconstruction and Development (EBRD), is set to visit Turkey from 22 to 26 July, and will be Mr Patrone’s first official visit to the country in his new role as EBRD Vice President.

During his visit, Mr Patrone will meet Türkiye’s Treasury and Finance Minister, Mr Mehmet Şimşek, and high officials of the Ministry of Industry and Technology.

Mr Patrone will also hold discussions with members of the Turkish Industry and Business Association (TÜSİAD) and key industry representatives, as well as with existing clients of the Bank in the energy, banking and retail sectors.

Mr Patrone will be accompanied on the visit by the EBRD’s new Managing Director for Türkiye and the Caucasus, Ms Elisabetta Falcetti.

Last year, EBRD invested a record €2.5 billion in Türkiye, driven by green investments and the need to respond to the February 2023 earthquakes. So far, in 2024, the Bank invested almost €1 billion in the country.

The EBRD is one of Türkiye’s key investors, with more than €20 billion invested cumulatively since 2009 across 450 projects and trade finance facilities, and with 93 per cent of investments channelled to the private sector.