EBRD partners with TSKB for a green boost in Türkiye

• Loan extended to TSKB to fuel sustainable, eco-friendly projects in Türkiye
• Project comes under the EBRD’s prestigious Türkiye GEFF II programme
• TSKB is a champion in driving green transition in the banking sector 

The European Bank for Reconstruction and Development (EBRD) is providing a €100 million loan to Türkiye’s Türkiye Sinai Kalkinma Bankasi (TSKB)  for on-lending to sub-borrowers that will invest in energy efficiency, renewable energy and climate-resilience measures.  

The loan comes under the EBRD’s Türkiye Green Economy Financing Facility II (GEFF II), which aims to build on the success of the previous facility, contributing to the deployment of green finance in the country. Proceeds of the loan will be dedicated to financing green economy investments in a gender-inclusive way. 

The EBRD is among Türkiye’s key investors, with more than €20 billion committed through 453 projects and trade finance limits since 2009, most of which has been in the private sector.