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Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
Türkiye : € 150,000,000
Credit lines : € 150,000,000
Signature date(s)
9/05/2012 : € 75,000,000
4/07/2011 : € 75,000,000
Link to source

Summary sheet

Release date
23 March 2011
Status
Reference
Signed | 04/07/2011
20110075
Project name
Promoter - financial intermediary
Development Loan for MID-CAPs & SMEs

Turkish Development Bank (TKB)
Mr. Murat Buğan
Necatibey Cad., No 98, Bakanliklar
06100 Ankara
Turkey
Tel: +90 (312) 418 30 72

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 150 million
Not applicable
Location
Sector(s)
Description
Objectives

The loan will be used for the financing of small and medium sized projects in Turkey carried out by Mid-Caps and SMEs.

Improving access to term finance at favourable conditions.

Environmental aspects
Procurement

The financial intermediary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environment law and the applicable principles of EU law.

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

Link to source

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).

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Alternatively, the EIB can be contacted through its external offices.
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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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