Europe

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).

marten

Recent Posts

SegurCaixa Adeslas: Best Insurer Spain 2024

SegurCaixa Adeslas, a pre-eminent Spanish health insurance company, has demonstrated a formidable and truly impressive…

2 weeks ago

Banco BPI: Excellence in Sustainable Banking Initiative Portugal 2024

Banco BPI's dedication to sustainability is a beacon of proactive environmental and social responsibility. Beyond…

3 weeks ago

BSE Ltd: Champions of Capital Market Innovation and Efficiency Asia 2024

BSE Ltd, formerly known as the Bombay Stock Exchange, is a crucial player in India’s…

4 weeks ago

TMT Investments Plc: Visionary Leaders in Global Tech Venture Capital Europe 2024

TMT Investments Plc, publicly quoted on the AIM market of the London Stock Exchange since…

4 weeks ago

BNP Paribas Fortis: Outstanding Contribution to SME Financing Benelux 2024

BNP Paribas Fortis is a key player in the Belgian banking sector with a rich…

4 weeks ago

BAWAG Group AG: Best Banking Group Governance DACH 2024

BAWAG Group has reported 2023 net profit of 683 million euros, a ROTCE of 25…

4 weeks ago