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Halkbank SME & green

Türkiye | Financial Institutions

Identification Code:: OP/26/0024
Total Operation Cost:: 50.000.000 EUR
Maturity:: 84 months
Operation Status:: BSTDB Approved Amount – Approval Date

50.000.000 EUR – 30 Jun 2026
: BSTDB Signed Amount – Signed Date

N/A – N/A
: Status:
Active
Description and Purpose of the Operation:: Halkbank SME
Countries of Operation:: Türkiye (100,00%)
Financial Product:: SME's
Sector:: Financial Institutions
Domain:: Private
Borrower/Client:: Loan for SME and Green Financing to Türkiye Halk Bankası A.Ş. (Halkbank)
Co-Financers/Participants:: n/a
Guarantors/Sponsors:: Sovereign guarantee issued by the Ministry of Treasury and Finance of the Republic of Türkiye
Developmental and Regional Cooperation Impact:: The operation involves an SME loan of up to EUR 50 million to Halkbank in Türkiye. Halkbank is a state-owned bank and the 4th-largest bank in Türkiye. The operation is likely to have positive economic benefits for Türkiye, with likely minor regional cooperation benefits. SMEs constitute an important part of the Turkish economy and play a significant role in supply chains in Türkiye. Additionally, SMEs are important employers in the country, especially beyond the major urban centers. Given the importance of SMEs in the economy, the operation will have an important developmental impact.
Environmental Classification and Impact:: Overall, the Client displays a developed ESMS and fully satisfactory approach to sustainability, including reporting on a range of E&S factors. Thus, Halkbank displays compliance with the standards set in E&S Requirements for FIs and E&S Eligibility Criteria as per the Green Business Credit Line. Moreover, their desire to expand green financing through participating in BSTDB’s Green Credit Line for FIs shows a level of ambition in this regard.
Operation Leader:: Financial Institutions II
E-mail:: fi2@bstdb.org