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    Reference: 20150890
    Release date: 16 February 2016

    Promoter – Financial Intermediary

    TURKIYE IHRACAT KREDI BANKASI AS

    Location

    Description

    Intermediated loan dedicated to on-lending to export-oriented small and medium-sized enterprises (SMEs) and mid-caps in Turkey. The loan is expected to help tackle the country's current account deficit.

    Objectives

    Financing of small/medium projects carried out by small/medium projects carried out by SMEs and mid-caps

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 million

    Total cost (Approximate amount)

    Not applicable.

    Environmental aspects

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Signed - 6/05/2016

    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).

    Related tags

    Turkey Credit lines