Reference:
20080042
Release date: 10 March 2008
Release date: 10 March 2008
Promoter – Financial Intermediary
Denizbank ASLocation
Description
Financing of investments of small/medium scale by local authorities throughout Turkey.
Objectives
To enhance the propects of social cohesion in Turkey through the provision of long-term financing to local authorities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
N/A
Environmental aspects
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.
Procurement
EIB’s standard procurement guidelines applicable to Global Loans/ Mid-cap loan will apply.
Status
Signed - 13/06/2008