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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Türkiye : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
6/12/2013 : € 75,000,000
9/12/2011 : € 125,000,000
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Summary sheet

Release date
5 September 2011
Status
Reference
Signed | 09/12/2011
20110195
Project name
Promoter - financial intermediary
Greater Anatolia SME Loan Extension

Four Turkish banks will be selected by EIB in coordination with the Turkish Treasury and the European Commission as intermediaries for the facility.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 million (or equivalent)
Not applicable
Location
Sector(s)
Description
Objectives

Loans for SMEs, provided in cooperation with EIF.

To enhance Turkey’s economy through the provision of long-term financing for small/medium scale projects undertaken by small and medium sized enterprises.

Environmental aspects
Procurement

The financial intermediaries 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.

Procurement under these loans will have to follow EIB procurement guidelines and national procurement legislation as appropriate.

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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 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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