Release date: 20 March 2013
Promoter – Financial Intermediary
TURKIYE SINAI KALKINMA BANKASI ASLocation
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 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).