The Union of Chambers and Commodity Exchanges of Turkey (TOBB) will provide interest support from Halk Bank for the members of the Simav Chamber of Commerce and Industry who, because of the earthquake of May 19, 2011, almost had to close down their businesses. There will be no interest rate for those who take part.

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Union of Chambers and Commodity Exchanges of Turkey

Zero-interest credit support for Simav TSO members from TOBB


02.07.2011 / Ankara



The Union of Chambers and Commodity Exchanges of Turkey (TOBB) will provide interest support from Halk Bank for the members of the Simav Chamber of Commerce and Industry who, because of the earthquake of May 19, 2011, almost had to close down their businesses. There will be no interest rate for those who take part.

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With the initiative of TOBB President M. Rifat Hisarcıklıoğlu, the TOBB Board of Directors has taken steps to prevent said members from facing bankruptcy due to being unable to continue trade, to pay due loans or facing the risk of closing down.

TOBB has committed to covering interest costs for up to ten million Turkish Lira’s worth of credit for the use of registered Simav Chamber of Commerce and Industry members to aid in the recovery and continuation of their businesses.

Applicants will need to provide a “Simav TSO Members Credit Request Document via TOBB-HALKBANK Cooperation” when applying for the credit loan, minimum 5,000 TL – maximum 50,000, per person/company.
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