Release date: 7 June 2011
Promoter – Financial Intermediary
Financial intermediary:
Ms Nilgun Osman
International Banking Division
Structured Finance Unit
Türkiye İs Bankası A.Ş.
Iş Kuleleri
34330 Levent
Istanbul, Turkey
Tel: +90 212 316 28 10
nilgun.osman@isbank.com.tr
Location
Description
The loan is intended for the financing of small and medium sized projects in Turkey carried out by SMEs.
Objectives
To improve access to finance at attractive conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million.
Total cost (Approximate amount)
Not applicable
Environmental aspects
The financial intermdiary 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 appropriate.
Status
Signed - 9/12/2011
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).