Release date: 19 June 2013
Promoter – Financial Intermediary
TURKIYE IHRACAT KREDI BANKASI ASLocation
Description
The proposed operation with Turkish Eximbank will support long-term lending to export oriented and foreign currency earning SMEs and mid-caps. The loan will furthermore contribute to Turkey’s efforts to tackle the country’s current account deficit.
Objectives
Financing of small/medium projects carried out by small and medium sized enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
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 the EIB Guide to Procurement, as appropriate.
Status
Signed - 24/10/2013
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).