Signature(s)
Amount
€ 250,000,000
Countries
Sector(s)
Türkiye
: € 250,000,000
Credit lines
: € 250,000,000
Signature date(s)
4/03/2004 : € 250,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
17 February 2004
Status
Reference
Signed | 04/03/2004
20030394
Project name
Promoter - financial intermediary
Industrial Sector Global Loan IV
- Industrial Development Bank of Turkey - TSKB
- Vakifbank
- Development Bank of Turkey - TKB
- Ziraat Bankasi A.S.
- Halkbank
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 250 million.
N/A.
Location
Sector(s)
Description
Objectives
Financing of small and medium sized projects all across Turkey.
To enhance the prospects for economic growth and employment in Turkey through the provision of long-term financing, thereby allowing private sector enterprises to undertake longer-term capital investments. It also will contribute to improving the competitiveness of Turkish industry from an EU-Turkey trade perspective.
Environmental aspects
Procurement
All investments financed under the proposed loan will be required to comply with the relevant legal framework in Turkey and to be acceptable in environmental terms to the Bank.
The Bank’s standard procurement guidelines applicable to Global Loans will apply.
Comments
Industrial Sector, as well as tourism and services.
Link to source
Summary sheet
Other links
Data sheet
Related press
News & Stories
Link to source
Other links