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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Türkiye : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
20/11/2007 : € 100,000,000
Link to source

Summary sheet

Release date
1 March 2007
Status
Reference
Signed | 20/11/2007
20060281
Project name
Promoter - financial intermediary
Garanti Leasing SME Global Loan
Garanti Leasing
www.garantileasing.com
Contact: Cem Sürmen
Senior Vice President
Financial Institutions
Garanti Leasing
Eski Büyükdere Caddesi
Ayazağa Köy Yolu
34396 Maslak - Istanbul
Turkey

Tel: +90 212 365 3125
Fax: +90 212 286 7704
cemsu@garanti.com.tr
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
Not applicable.
Location
Sector(s)
Description
Objectives

Dedicated global loan for the financing via leasing agreements of small and medium scale productive investments across Turkey.

To enhance the prospects for economic growth and employment in Turkey through the provision of long-term financing for small/medium scale projects undertaken by small and medium sized enterprises or local authorities.

Environmental aspects
Procurement

All investment 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 EIB, in line, as appropriate, with the EU environmental policy and legislation.

EIB's standard procurement guidelines applicable to Global Loans will apply.

Comments

Productive economic sectors according to EIB's eligibility criteria.

Link to source

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).

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