Release date: 23 March 2011
Promoter – Financial Intermediary
Turkish Development Bank (TKB)
Mr. Murat Buğan
Necatibey Cad., No 98, Bakanliklar
06100 Ankara
Turkey
Tel: +90 (312) 418 30 72
Location
Description
The loan will be used for the financing of small and medium sized projects in Turkey carried out by Mid-Caps and SMEs.
Objectives
Improving access to term finance at favourable conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
The financial intermediary 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
Public and private procurement under this loan will have to follow EIB procurement guidelines and national procurement legislation as approriate.
Status
Signed - 4/07/2011
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).