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    Signature(s)

    Amount
    € 110,000,000
    Countries
    Sector(s)
    Türkiye : € 110,000,000
    Credit lines : € 110,000,000
    Signature date(s)
    30/03/2009 : € 110,000,000

    Summary sheet

    Release date
    24 November 2008
    Status
    Reference
    Signed | 30/03/2009
    20080278
    Project name
    Promoter - financial intermediary
    Eurobank Tekfen SME Credit Line

    Eurobank Tekfen A.Ş. (“Eurobank Tekfen”)

    Sehnaz Günay
    Eurobank Tekfen A.S.
    Head of Financial Inst. & Trade Finance Sales Dept.
    Tekfen Tower
    Eski Büyükdere cad. No.209
    4.Levent 34330 Istanbul
    Turkey

    Tel: +90 212 357 07 95
    Fax:+90 212 357 08 20
    E-mail: SGUNAY@eurobanktekfen.com

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million (or equivalent).
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Dedicated credit line for the financing of small and medium scale productive investments across Turkey.

    To enhance the prospects for economic growth and employment in Turkey through the provision of long-term financing for small/medium scale projects undertaken by small and medium sized enterprises or local authorities.

    Environmental aspects
    Procurement

    All investment financed under the proposed loan will be required to comply with the relevant European and national directives and laws concerning the environment, as applicable.

    EIB’s standard procurement guidelines applicable to credit lines will apply.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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