According to the Bank's website, the project provides funding to Turk Ekonomi Bankasi to increase the availability of short-term financing to private MSMEs in Turkey impacted by the Covid-19 crisis.
This project is a part of the Bank's response to the Covid-19 pandemic.
Turk Ekonomi Bankasi (TEB) is 55 per cent owned by TEB Holding A.S., which is a 50:50 joint venture of BNP Paribas Group and Colakoilu Group. BNP Paribas SA (BNPP) also has a direct and indirect shareholding in TEB of 44.98% held through two subsidiaries and the ultimate parent itself (BNPP), giving the latter a majority stake of 72.48% in TEB through direct and indirect ownership.
PROJECT CONTACT INFORMATION
+90 (216) 635 25 68; +90 (216) 636 36 36
TEB Kampus C ve D Blok Saray Mah. Sokullu Cad. No:7A - 7B Umraniye 34768 / ISTANBUL
ACCESS TO INFORMATION
You can request information by emailing: email@example.com or by using this electronic form: https://www.ebrd.com/eform/information-request
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.
You can contact the PCM at: firstname.lastname@example.org or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html