Development Loan for MID-CAPs & SMEs

Promoter – Financial Intermediary

Turkish Development Bank (TKB)
Mr. Murat Buğan
Necatibey Cad., No 98, Bakanliklar
06100 Ankara
Turkey
Tel: +90 (312) 418 30 72

Location

• Türkiye

Description

The loan will be used for the financing of small and medium sized projects in Turkey carried out by Mid-Caps and SMEs.

Objectives

Improving access to term finance at favourable conditions.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 150 million

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 law.

Procurement

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

Status

Signed - 4/07/2011