The loan is dedicated to the financing of SMEs in Turkey. It is envisaged that the loan will increase the availability of long term funding for SMEs, focusing on companies outside the country’s largest conurban areas of Istanbul, Ankara and Izmir.
The Loan will support the competitiveness of Turkish SMEs, facilitate their growth potential and therefore also their import and export capacity. Projects will be carried out by SMEs in line with the conditions for the implementation of the EIB Loan for SMEs in Candidate and Potential Candidate Countries.
The financial intermediary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environment law and the applicable principles of EU environmental law.
Public and private procurement under this loan will have to follow EIB procurement guidelines and national procurement legislation as appropriate.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how the EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.