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 current Development Plan 2020-2022 organises these lines into Inclusive growth: working to guarantee access to economic opportunities to ensure a prosperous future for all; Support for vulnerable groups: helping to integrate the most vulnerable citizens to nurture a more diverse society and Environmental sustainability: supporting a liveable society that promotes environmental sustainability, mitigates and adapts to climate change , 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.