Translated version of this PSD: Turkish
Isbank was established in 1924. As of 31 December 2014 the Bank was the largest bank in Turkey in terms of total loans, foreign currency-denominated loans, foreign currency-denominated deposits and shareholders’ equity and had the largest market shares of total assets, Turkish Lira-denominated loans, total deposits, Turkish Lira-denominated deposits, demand deposits and volume of debit cards transactions among private sector banks, each as measured on a bank-only basis.
The bank operates nationwide through a network of 1333 domestic branches. Isbank has long been focused on supporting SMEs and was the first Turkish bank to launch a “Small business Loans” program.
Funding of up to USD 55 million (or EUR equivalent)
Under the WiB Programme of EUR 300 million.
Categorised FI. The programme will lead to substantial social benefits by improving women–led business access to finance and know-how, and closing gender gaps in access to finance. Isbank is satisfactorily complying with PRs 2 & 9 under its existing exposures with the EBRD and the bank has regularly submitted satisfactory Annual Environmental and Social Reports. Işbank will be required to ensure that sub-loans under the facility comply with the requirements of PR9, the eligibility criteria for residential energy efficiency and submit Annual Environmental and Social Reports to the EBRD..
The facility will be supported by a comprehensive technical cooperation programme focusing on institutional capacity building, product development and marketing and outreach activities to build Isbank’s capacity to reach out to women-led SMEs. The overall objective of the technical cooperation will be to support Isbank in the process of better understanding the financial needs of the women-led SME segment, and enable it to develop adequate customer information systems, optimise its lending procedures, and develop and market products and services to respond to the segment needs. The technical cooperation for the programme will be jointly funded by the EU’s Instrument for Pre-Accession Assistance (IPA) and the Turkish Ministry of Labour and Social Security.
Banu Gülmedim Purut
Türkiye Is Bankasi A.Ş.
International Financial Institutions Division
Is Kuleleri Kule:1 Kat:25 34330 4.Levent - Istanbul
Phone: +90 212 316 28 12
Fax: +90 212 316 08 32
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