The social development bank in Europe

Filtering by Country: 'Turkey' Filtering by Year: '2017' Clear

All CEB loans are granted in accordance with the Bank’s mandate. They have to meet specific technical and social criteria, and be in strict conformity with the Bank’s environmental, procurement and compliance guidelines and policies.

The sectoral lines of action underpin the CEB’s three-year development plan, which forms the Bank’s medium term strategy. The four lines of action set out in the Development Plan for the period 2014-2016 (namely: Strengthening social integration; Managing the environment; Supporting public infrastructure with a social; vocation; Supporting micro-, small and medium sized enterprises) were revised in three (namely: Sustainable and inclusive growth; Integration of refugees, displaced persons and migrants; Climate action: developing mitigation and adaptation measures) as part of the Development Plan 2017-2019, corresponding to the new strategic priorities established by the CEB to better support the social policies of its member countries.

Latest projects approved:

DateBorrowerLine of actionAmountSummary
29/09/2017Turkiye Ihracat Kredi Bankasi A.S. (Turc Eximbank) (Turkey)Sustainable and inclusive growth€ 150 000 000Support to investments and working capital requirements of MSMEs operating in a wide range of sectors including manufacturing, agro-industry/food processing, tourism, services, construction, trade, logistics (transport and distribution), etc. The CEB loan is to mainly help expand the beneficiaries' core business activities and increase their production capacity by supporting fixed asset investments such as the purchase of equipment and machinery, as well as financing of working capital requirements.