Release date: 16 February 2016
Promoter – Financial Intermediary
TURKIYE IHRACAT KREDI BANKASI ASLocation
Description
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.
Objectives
Financing of small/medium projects carried out by small/medium projects carried out by SMEs and mid-caps
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 6/05/2016
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).