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FinansL EE II

Sector: Manufacturing (Industrial) • Location: Turkiye

Source: International Finance Corporation (IFC)

Project
Completed

Finans Finansal Kiralama A.Ş. (the “Company” or “Finans Leasing”) is a subsidiary of Finansbank with primary operations in Leasing in Turkey. The Company commenced operations in 1990 and has a strong niche in the SME segment and a noticeable market share of 6.2% by business volume as of December 2014 in a very competitive market. The Company offers mainly finance leases to, SMEs, Commercial and C

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The project “FinansL EE II” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Turkiye. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

Finans Finansal Kiralama A.Ş. (the “Company” or “Finans Leasing”) is a subsidiary of Finansbank with primary operations in Leasing in Turkey. The Company commenced operations in 1990 and has a strong niche in the SME segment and a noticeable market share of 6.2% by business volume as of December 2014 in a very competitive market. The Company offers mainly finance leases to, SMEs, Commercial and Corporate clients. The proposed project consists of up to US$50 million straight senior loan for IFC’s own account and up to US$25 million senior loan under the Managed Co-lending Portfolio Program (“MCPP”) to the Company. The purpose of the proposed IFC investment is to support the Company''s leasing operations in energy efficiency and renewable energy for SMEs (the "Project").

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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