ICD projects
Kiler
TURKEY
1435 / 2013
- Mode Of Finance: Murabaha
- ICD contribution: 25,000,000
It is a syndicated facility arranged by Bank of America. Total facility amount is USD 120 million and ICD participated with a tune of USD 25 million. Established in 1994, Kiler Retail is a Turkey-based retailer of basic foodstuffs and consumer goods. Kiler Retail was operating 207 stores in 32 cities and six out of the seven geographical regions in Turkey. The company aims to cover all of Turkey regions by 2017. As of end 2012, Kiler Retail employs around 5,318 individuals. Kiler owns 5 distribution centers with butchering facilities; for better quality control. Along with selling various products, Kiler carries out the sales and distribution of around 1,000 Kiler and Kilerim branded products in various categories.