The social development bank in Europe

Filtering by Country: 'Turkey' Filtering by Year: '2019' 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
21/11/2019Government (Turkey)Sustainable and inclusive growth€ 100 000 000A €100 million project loan will part-finance the reconstruction and retrofitting of public schools and hospitals as well as project management costs under the Istanbul Seismic Risk Mitigation and Emergency Preparedness Project (ISMEP). Final beneficiaries are the inhabitants of Istanbul, in particular the most vulnerable, whose lives are under constant threat of possible future earthquakes. More than 50 thousand children, students and teachers are expected to benefit directly from the present loan.