Türkiye Kalkınma ve Yatırım Bankası: Green Finance Innovator Award Türkiye 2024
Türkiye Kalkınma ve Yatırım Bankası plays a pivotal role in Türkiye’s financial landscape by aligning its operations with the country’s long-term development plans. Specialising in medium and long-term credits, the bank collaborates with local financial institutions to secure funding for the private sector, helping businesses overcome challenges and enhance their capacity for green finance. The bank’s mission extends to capital market development through investment banking activities, aimed at product differentiation and deepening market volume. This includes providing advisory services to foster local and foreign direct investment, supporting companies making financial and business decisions. Türkiye Kalkınma ve Yatırım Bankası is also active in venture capital financing, managing multiple funds, and taking equity stakes in startups to support their growth from seed stage to SME. The bank uniquely focuses on sectors like renewable energy and carbon emission reduction, aligning with its commitment to ESG principles. It also facilitates the integration of refugees into the workforce and supports the IPO process for companies entering the capital markets. Distinct from other banks, Türkiye Kalkınma ve Yatırım Bankası has not financed coal projects in over 50 years and upholds a rigorous commitment to impact investment principles. By engaging in policy creation and maintaining a grievance redress mechanism, the bank ensures a positive environmental and social impact. Furthermore, the bank is committed to sustainable development goals, offering tailored financial solutions to meet evolving market needs. The CFI.co Judging Panel congratulates Türkiye Kalkınma ve Yatırım Bankası on winning the 2024 award for Green Finance Innovator (Türkiye).
