Release date: 1 October 2012
Promoter – Financial Intermediary
TURKIYE VAKIFLAR BANKASI TAOLocation
Description
The proposed dedicated Loan is aimed at increasing the availability of long term loans for Midcaps and SMEs across Turkey.
Objectives
Improving access to term finance at favourable conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The final 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.
Procurement
The intermediary will be required to ensure that any procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances are in accordance with the EIB Guide to Procurement.
Status
Signed - 20/12/2012
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).