Signature(s)
Amount
€ 150,000,000
Countries
Sector(s)
Türkiye
: € 150,000,000
Credit lines
: € 150,000,000
Signature date(s)
7/12/2007 : € 150,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
30 June 2006
Status
Reference
Signed | 07/12/2007
20050082
Project name
Promoter - financial intermediary
AKBANK Global Loan
AKBANK TAS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million.
Not Applicable.
Location
Sector(s)
Description
Objectives
The loan is intended for the financing of small and medium scale productive investments across Turkey.
To enhance the prospects for economic growth and employment in Turkey through the provision of long-term financing to the SME sector.
Environmental aspects
Procurement
All investment financed under the proposed loan will be required to comply with the relevant legal framework in Turkey and to be acceptable in environmental terms to EIB, in line, as appropriate, with the EU environmental policy and legislation.
EIB’s standard procurement guidelines applicable to Global Loans will apply.
Link to source
Summary sheet
Other links
Data sheet