Release date: 8 June 2009
Promoter – Financial Intermediary
Turkiye Garanti Bankasi A.S.
www.garantibank.com
Location
Description
Dedicated EIB Loan for SMEs for the financing of small and medium scale productive investments across Turkey.
Objectives
To enhance the prospects for economic growth and employment in Turkey through the provision of long-term financing for small/medium scale projects undertaken by small and medium sized enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 250 million. (or equivalent)
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 25/11/2009
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).