TSKB provided a Climate Project loan of 300 million euros.

Türkiye Sınai Kalkınma Bankası (TSKB) has signed an important financing agreement. The bank, in collaboration with the International Bank for Reconstruction and Development (IBRD), is launching the "Adaptation Financing Project for Growth" to support initiatives aimed at enhancing Turkey's climate resilience.

The implementation of this significant project was made possible by the counter-guarantee provided by the Ministry of Treasury and Finance, as well as the partial guarantee offered by the IBRD. TSKB aims to manage the resources obtained from international markets in the most efficient manner to support growth strategies resilient to current climate conditions.

Within the framework of the project, a loan agreement worth a total of 300 million Euros has been signed. This financing, aligned with the bank's sustainability policies, will create positive impacts on combating climate change and economic growth. TSKB is conducting the details of this loan agreement in collaboration with renowned international financial institutions such as BNP Paribas, Standard Chartered Bank, and ING Bank.

The effective use of financial resources in this manner will contribute significantly to strengthening Turkey's climate policies and ensuring environmental sustainability. The project also lays the groundwork for creating a more resilient economic structure against the challenges posed by climate change.

TSKB's step in combating climate change is part of Turkey's goal to increase green investments on an international scale. Supporting sustainability-focused projects will play a critical role in the financial system's future growth initiatives.