Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Türkiye
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
14/03/2006 : € 100,000,000
Link to source
Data sheet
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Summary sheet
Release date
7 March 2005
Status
Reference
Signed | 14/03/2006
20050070
Project name
Promoter - financial intermediary
Garantibank Global Loan
TURKIYE GARANTI BANKASI AS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 200 million
Location
Sector(s)
Description
Objectives
Financing of small & medium sized long term projects, primarily of private sector SMEs and Mid-Caps, all around Turkey.
To enhance the prospects for economic growth and employment in Turkey through the provision of long-term financing to the SME sector.
Environmental aspects
Procurement
All investments financed from the resources made available by the Bank through global loan operations are required to comply with the relevant national legal framework and be acceptable, in environmental terms, to the Bank in line, as appropriate, with the EU Environmental policy and legislation.
The Bank’s standard procurement guidelines applicable to Global Loans will apply.
Comments
All industrial, manufacturing and services sectors normally eligible for EIB financing.
Link to source
Summary sheet
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Data sheet
Related press
News & Stories
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