Release date: 19 May 2008
Promoter – Financial Intermediary
Turkiye Garanti BankasiLocation
Description
Credit line to finance small and medium-sized projects promoted by SMEs in Turkey.
Objectives
The credit line is targeted to the financing of eligible projects in industry and services sectors as well as in the environment, energy, health and education sectors, carried out by SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
All sub-projects financed under the credit line will be required to comply with the relevant national legal framework and with the EU Environmental policy, directives and legislation, as appropriate.
Procurement
The legal documentation will oblige the intermediary to ensure that where public tendering is required by national or EU regulations, procurement procedures are done in accordance with EIB Guidelines.
Status
Signed - 13/08/2008
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).