Financed ProjectsIS Leasing green lease financing

Identification Code:

OP/26/0011

Total Operation Cost:

50.000.000

Maturity:

60 months

Operation Status:

Description and Purpose of the Operation:

IS Leasing green lease financing

Countries of Operation:

Türkiye (100,00 %)

Financial Product:

SME's

Sector:

Financial Institutions

Domain:

Private

Borrower/Client:

Loan for Green Lease Financing to İş Leasing, TR

Co-Financiers/Participants:

n/a

Guarantors/Sponsors:

n/a

Developmental and Regional Cooperation Impact:

The operation involves a loan for Green Lease financing in the amount of up to EUR 50 million that will support the green financing products of İş Leasing, dedicated to financing a wide range of environmentally conscious and sustainable projects. The operation has benefits in terms of helping to improve the competitiveness of İş Leasing, via the provision of funding for on-lending purposes.

Environmental Classification and Impact (summary):

The operation at hand involves a loan for green lease financing extended under BSTDB’s Green Business Credit Line for FIs. This signals intent by İş Leasing to increase the share of climate-positive activities in which it is involved. Furthermore, before delving into the specifics of the performed ESDD, it is important to note that this will be the 4th operation with the client, and all previous ones have successfully passed E&S assessment. As a general comment, the Borrower presents robust progress and ambition on E&S issues over the last 6 years.

Operation Leader:

Financial Institutions II

E-mail:

fi2@bstdb.org