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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    Türkiye : € 250,000,000
    Credit lines : € 250,000,000
    Signature date(s)
    12/07/2007 : € 100,000,000
    12/07/2007 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    12 March 2007
    Status
    Reference
    Signed | 12/07/2007
    20070097
    Project name
    Promoter - financial intermediary
    Denizbank SME & Midcap Facility
    Denizbank AS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 250 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Financing of investments of small/medium scale by SMEs or Mid-cap companies throughout Turkey.

    To enhance the propects for economic growth and employment in Turkey through the provision of long-term financing to the SME/ Mid-cap companies.

    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 EU environmental policy and legislation.

    EIB'€™s standard procurement guidelines applicable to Global Loans/ Mid-cap loan will apply.

    Comments

    All industrial, manufacturing, trading and services sectors normally eligible for SME Global Loan. For mid-cap companies priority will be given to energy, environment, health and education sectors.

    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).

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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