Release date: 1 March 2007
Promoter – Financial Intermediary
Garanti Leasingwww.garantileasing.com
Contact: Cem Sürmen
Senior Vice President
Financial Institutions
Garanti Leasing
Eski Büyükdere Caddesi
Ayazağa Köy Yolu
34396 Maslak - Istanbul
Turkey
Tel: +90 212 365 3125
Fax: +90 212 286 7704
cemsu@garanti.com.tr
Location
Description
Dedicated global loan for the financing via leasing agreements 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 or local authorities.
Comments
Productive economic sectors according to EIB's eligibility criteria.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
All investment financed under the proposed loan will be required to comply with the relevant legal framework in Turkey and to be acceptable in environmental terms to EIB, in line, as appropriate, with the EU environmental policy and legislation.
Procurement
EIB's standard procurement guidelines applicable to Global Loans will apply.
Status
Signed - 20/11/2007
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).