Release date: 25 May 2005
Promoter – Financial Intermediary
CITILEASE FINANSAL KIRALAMA A.S.Location
Description
Financing of small & medium sized long term projects, primarily of private sector SMEs throughout Turkey.
Objectives
To enhance the prospects for economic growth and employment in Turkey through the provision of long-term financing to the SME sector.
Comments
All industrial, manufacturing and services sectors normally eligible for EIB financing
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million.
Total cost (Approximate amount)
Not applicable
Environmental aspects
All investments financed from the resources made available by the Bank through global loan operations are required to comply with the relevant national legal framework and be acceptable, in environmental terms, to the Bank in line, as appropriate, with the EU Environmental policy and legislation.
Procurement
The Bank’s standard procurement guidelines for to Global Loans will apply.
Status
Signed - 8/11/2005
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).