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DENIZBANK MUNICIPALITY GLOBAL LOAN

Signature(s)

Amount
€ 149,999,999.73
Countries
Sector(s)
Türkiye : € 149,999,999.73
Credit lines : € 149,999,999.73
Signature date(s)
13/06/2008 : € 39,999,999.73
13/06/2008 : € 110,000,000
Link to source
Data sheet
DENIZBANK MUNICIPALITY GLOBAL LOAN
Other links
Summary sheet
Denizbank Municipality Global loan

Summary sheet

Release date
10 March 2008
Status
Reference
Signed | 13/06/2008
20080042
Project name
Promoter - financial intermediary
Denizbank Municipality Global loan
Denizbank AS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
N/A
Location
Sector(s)
Description
Objectives

Financing of investments of small/medium scale by local authorities throughout Turkey.

To enhance the propects of social cohesion in Turkey through the provision of long-term financing to 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 EU environmental policy and legislation.

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

Link to source
Summary sheet
Denizbank Municipality Global loan
Other links
Data sheet
DENIZBANK MUNICIPALITY GLOBAL LOAN

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).

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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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