DenizBank and Emirates NBD secure $400M club loan for Eren Holding's sustainable growth across key sectors

DenizBank, backed by shareholder Emirates NBD (ENBD), has signed a 400 million USD club loan agreement with a five-year maturity to support Eren Holding's investments in sustainable development across energy, paper, packaging, textile, retail and cement operations. The facility underscores ENBD's commitment to expanding in Türkiye while highlighting Eren Holding's robust financial standing and international credibility through competitive, long-term terms. DenizBank CEO Recep Baştuğ emphasized the bank's focus on real sector financing and sustainable investments, positioning the deal as a step toward becoming Eren Holding's primary lender and boosting national economic contributions amid ENBD's growing confidence in Türkiye. Eren Holding CEO Emir Eren noted the funding will enhance investment efficiency, operational strength and global competitiveness while advancing long-term growth strategies, thanking both banks for their trust.​