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Municipality of Alanya will take 40 million lire to solve current issues in the city

Municipality of Alanya will take 40 million lire to solve current issues in the city

August 20, 2024

The Financial Services Office of the municipality from 09.08.2024 and E.4689 No., it was decided to take a non-cash loan of 40,000,000 lire (excluding interest) from İller Bankası A.Ş. for use in current and investment expenses in fiscal year 2024. Payments of principal, interest, audit expenses, commissions, taxes, duties, fees etc., arising from the loan shall be paid out of the revenues of the municipality of Alanya, which will be taken as collateral by İller Bankası A.Ş. and legal shares.

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