EBRD, BNP Paribas Finansal Kiralama team up to support business resilience in Türkiye

• EBRD provides €25 million loan under Green Economy Financing Facility (GEFF) to support climate investments
• Project is first to be signed under GEFF III
• At least 30 per cent of financing earmarked for earthquake-hit regions

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €25 million to BNP Paribas Finansal Kiralama, a leading privately owned leasing company operating across Türkiye, to help make businesses more resilient and sustainable.

The financing is the first under the Türkiye Green Economy Financing Facility (GEFF) III. It will be on‑lent to eligible businesses investing in green economy solutions, including energy efficiency, renewable energy and climate‑resilient projects.

A minimum of 30 per cent of the financing is dedicated to supporting green investment in regions affected by Türkiye’s February 2023 earthquakes, helping local enterprises rebuild in a way that is more resilient, efficient and sustainable.

The EBRD is providing €23.5 million, with the other €1.5 million coming from the Taiwan International Cooperation and Development Fund. The financing is designed to address affordability barriers and enable long‑term green investment where it is needed most.

The project will also benefit from EBRD supported technical cooperation, strengthening BNP Paribas Finansal Kiralama’s institutional capacity in climate governance, green lending and risk management. In parallel, the package promotes equal access to finance for women.

Oksana Yavorskaya, the EBRD’s Deputy Head of Türkiye, said: “We are pleased to build on our partnership with BNP Paribas Finansal Kiralama through our cooperation under the Türkiye Green Economy Financing Facility. Through GEFF, we are working with local financial institutions to scale up green investments and channel finance to where it can have the greatest impact. This project will support businesses across the country in investing in greener, more resilient technologies, while ensuring targeted support for earthquake‑affected regions, where investment needs remain significant.”

Sibel Alyar, General Manager of BNP Paribas Finansal Kiralama, commented: “This first transaction under GEFF III marks an important step in further strengthening our contribution to sustainable growth in Türkiye. As part of BNP Paribas Leasing Solutions, delivering €15.5 billion in annual leasing volumes across 17 countries, we are committed to expanding access to green financing that supports energy efficiency, renewable energy and climate resilience, while continuing to support earthquake affected regions in partnership with the EBRD.”

BNP Paribas Finansal Kiralama is a longstanding EBRD partner with a strong track record under the Bank’s GEFF II programme. The company’s strong presence in the construction sector and its reach across Türkiye position it to play a key role in scaling up green investments, particularly in areas with significant reconstruction needs.

The EBRD is a leading institutional investor in Türkiye, with more than €24 billion committed through over 525 projects in the country since 2009.