Release date: 4 July 2011
Promoter – Financial Intermediary
Garanti Bank
Location
Description
Dedicated loan to finance small and medium-sized projects promoted by SMEs in Turkey.
Objectives
Dedicated loan to finance small and medium-sized projects promoted by SMEs in Turkey.
Sector(s)
Proposed EIB finance (Approximate amount)
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 environmental legislation.
Procurement
Public and private procurement under this loan will have to follow EIB procurement guidelines and national procurement legislation as appropriate.
Status
Signed - 8/12/2011
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).