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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Türkiye : € 200,000,000
    Credit lines : € 200,000,000
    Signature date(s)
    6/05/2016 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    16 February 2016
    Status
    Reference
    Signed | 06/05/2016
    20150890
    Project name
    Promoter - financial intermediary
    EXIMBANK LOAN FOR SMES AND MIDCAPS III
    TURKIYE IHRACAT KREDI BANKASI AS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Intermediated loan dedicated to on-lending to export-oriented small and medium-sized enterprises (SMEs) and mid-caps in Turkey. The loan is expected to help tackle the country's current account deficit.

    Financing of small/medium projects carried out by small/medium projects carried out by SMEs and mid-caps

    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

    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).

    News & Stories

    General enquiries and comments

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    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.

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    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.

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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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