Reference:
20120592
Release date: 19 June 2013
Release date: 19 June 2013
Promoter – Financial Intermediary
TURKIYE IHRACAT KREDI BANKASI ASLocation
Description
The proposed operation with Turkish Eximbank will support long-term lending to export oriented and foreign currency earning SMEs and mid-caps. The loan will furthermore contribute to Turkey’s efforts to tackle the country’s current account deficit.
Objectives
Financing of small/medium projects carried out by small and medium sized enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 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 the EIB Guide to Procurement, as appropriate.
Status
Signed - 24/10/2013