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Reference: 20110258
Release date: 4 July 2011

Promoter – Financial Intermediary

Garanti Bank

Location

Description

Dedicated loan to finance small and medium-sized projects promoted by SMEs in Turkey.

Objectives

Dedicated loan to finance small and medium-sized projects promoted by SMEs in Turkey.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 150 million

Total cost (Approximate amount)

Not applicable

Environmental aspects

The financial intermediary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environmental legislation.

Procurement

Public and private procurement under this loan will have to follow EIB procurement guidelines and national procurement legislation as appropriate.

Status

Signed - 8/12/2011

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).

Related tags

Türkiye Credit lines