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Ziraatbank Loan for SMEs

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Ziraatbank Loan for SMEs

  •  Reference: 20120056
  •  Release date: 05 March 2012
Promoter – Financial Intermediary

T.C. Ziraat Bankasi A.S. Private sector companies
www.ziraat.com.tr
www.ziraatbank.com.tr

Location
Description

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.

Objectives

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.

Comments
 
Sector(s)
Proposed EIB finance (Approximate amount)

Up to EUR 100 million (or equivalent)

Total cost (Approximate amount)

Not applicable

Environmental aspects

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.

Procurement

Public and private procurement under this loan will have to follow EIB procurement guidelines and national procurement legislation as appropriate.

Status

Signed   -   28/06/2012.


Disclaimer

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).



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