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GARANTI BANK LOAN FOR SMES

Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Türkiye : € 250,000,000
Energy : € 75,000,000
Credit lines : € 175,000,000
Signature date(s)
8/12/2011 : € 25,000,000
15/12/2010 : € 75,000,000
25/11/2009 : € 150,000,000
Link to source
Data sheet
GARANTI BANK LOAN FOR SMES
Other links
Summary sheet
Garanti Bank Loan for SMEs

Summary sheet

Release date
8 June 2009
Status
Reference
Signed | 25/11/2009
20090330
Project name
Promoter - financial intermediary
Garanti Bank Loan for SMEs

Turkiye Garanti Bankasi A.S.
www.garantibank.com

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 250 million. (or equivalent)
Not applicable.
Location
Sector(s)
Description
Objectives

Dedicated EIB Loan for SMEs 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 for small/medium scale projects undertaken by small and medium sized enterprises.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Link to source
Summary sheet
Garanti Bank Loan for SMEs
Other links
Data sheet
GARANTI BANK LOAN FOR SMES

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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