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GARANTI BANK LOAN FOR SMES II

Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
Türkiye : € 150,000,000
Credit lines : € 150,000,000
Signature date(s)
8/12/2011 : € 150,000,000
Link to source
Data sheet
GARANTI BANK LOAN FOR SMES II
Other links
Summary sheet
Garanti Bank loan for SMEs II

Summary sheet

Release date
4 July 2011
Status
Reference
Signed | 08/12/2011
20110258
Project name
Promoter - financial intermediary
Garanti Bank loan for SMEs II

Garanti Bank

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
Not applicable
Location
Sector(s)
Description
Objectives

Dedicated loan to finance small and medium-sized projects promoted by SMEs in Turkey.

Dedicated loan to finance small and medium-sized projects promoted by SMEs in Turkey.

Environmental aspects
Procurement

The financial intermediary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environmental legislation.

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

Link to source
Summary sheet
Garanti Bank loan for SMEs II
Other links
Data sheet
GARANTI BANK LOAN FOR SMES II

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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