Fortis Bank Loan for SMEs

Promoter – Financial Intermediary

Fortis Bank A. S.
www.fortis.com.tr

Location

• Türkiye

Description

Dedicated EIB Loan for SMEs for the financing of small and medium scale productive investments across Turkey.

Objectives

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.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 100 million. (or equivalent)

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 - 17/12/2010