According to the Bank's website, the project provides funding to Garanti BBVA Leasing A.S. to finance loans to private sector companies for energy efficiency, water efficiency, waste minimisation, and small-scale renewable energy investments.
Garanti BBVA Finansal Kiralama A.S. ("GL", "Garanti BBVA Leasing") is a leasing company incorporated in Turkey. Garanti BBVA Leasing was established in 1990 as a fully-owned subsidiary of GarantiBBVA ("GB"), which in turn is 49.85% owned by Spanish banking group Banco Bilbao Vizcaya Argentaria S.A. ("BBVA"). The Company is the 5th largest leasing company (out of 22) in Turkey with 9% market share by net lease receivables at YE20 and rated B+ (stable) by Fitch, in line with its parent's rating. It has a subsidiary, Garanti Fleet, which carries out vehicle fleet leasing under operational lease arrangements.
PROJECT CONTACT INFORMATION
+90 216 625 41 50
+90 216 625 41 50
Çamçesme Mahallesi,Tersane Caddesi No:15, Pendik, 34899, Istanbul
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ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
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