Signature(s)
Amount
€ 200,000,000
Countries
Sector(s)
Türkiye
: € 200,000,000
Credit lines
: € 200,000,000
Signature date(s)
13/08/2008 : € 200,000,000
Summary sheet
Release date
19 May 2008
Status
Reference
Signed | 13/08/2008
20080229
Project name
Promoter - financial intermediary
Garanti Bank SME Global Loan
Turkiye Garanti Bankasi
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
Not applicable
Location
Sector(s)
Description
Objectives
Credit line to finance small and medium-sized projects promoted by SMEs in Turkey.
The credit line is targeted to the financing of eligible projects in industry and services sectors as well as in the environment, energy, health and education sectors, carried out by SMEs.
Environmental aspects
Procurement
All sub-projects financed under the credit line will be required to comply with the relevant national legal framework and with the EU Environmental policy, directives and legislation, as appropriate.
The legal documentation will oblige the intermediary to ensure that where public tendering is required by national or EU regulations, procurement procedures are done in accordance with EIB Guidelines.