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    Reference: 20120662
    Release date: 20 March 2013

    Promoter – Financial Intermediary

    TURKIYE SINAI KALKINMA BANKASI AS

    Location

    Description

    The Loan will be primarily dedicated for the financing of investments undertaken by SMEs and Midcaps in Turkey. The possibility to allocate up to 1/3 of the loan to investments of limited scale carried out by non SME/Mid-cap final beneficiaries in priority sectors such as knowledge economy, energy, environment protection (including industrial pollution abatement), health and education will be explored during appraisal.

    Objectives

    Financing of projects limited in size mainly carried out by small and medium sized enterprises.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 150 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 applicable national and EU legislation, as appropriate.

    Status

    Signed - 4/12/2013

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Turkey Credit lines