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ISBANK Loan for SMEs

Summary sheet

Release date
7 June 2011
Status
Reference
Signed | 09/12/2011
20110185
Project name
Promoter - financial intermediary
ISBANK Loan for SMEs

Financial intermediary:
Ms Nilgun Osman
International Banking Division
Structured Finance Unit
Türkiye İs Bankası A.Ş.
Iş Kuleleri
34330 Levent
Istanbul, Turkey
Tel: +90 212 316 28 10
nilgun.osman@isbank.com.tr

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 150 million.
Not applicable
Location
Sector(s)
Description
Objectives

The loan is intended for the financing of small and medium sized projects in Turkey carried out by SMEs.

To improve access to finance at attractive conditions.

Environmental aspects
Procurement

The financial intermdiary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environment law and the applicable principles of EU Law.

Public and private procurement under this loan will have to follow EIB procurement guidelines and national procurement legislation as appropriate.

Link to source
Summary sheet
ISBANK Loan for SMEs

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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