TSKB was the first bank that provides credit to transfer private sector investments from AIIB

Turkey War Development Bank (TSKB), from Asia Infrastructure Investment Bank (AIIB) provided “Sustainable Energy and Infrastructure Credit” worth 200 Million Dollars. The credit provided with the back payment guarantee of the Treasury and Finance Ministry will be used in the financing of renewable energy, energy efficiency, transportation, energy transmission, waste water management and telecommunications investments in private sector across Turkey.

The TSKB’s General Manager Suat Fine, the TSKB General Manager of TSKB, reminding that 68 percent of the credit portfolio of the TSKB consists of the sustainability-themed investments, with this new credit of 200 Million US Dollars. [

At the same time: “Sustainable energy and infrastructure investments are great importance for our country in terms of further dependence on energy and climate change. Therefore, as TSKB, we prioritize the loans of renewable energy, energy efficiency and infrastructure investments. In this field, we have funded 245 renewable energy and 78 energy efficiency projects with medium and long-term funds since 2002. "

Suat Fine: “Turkey continues its trust environment for new investments”

We would like to thank the AIIB, which was founded in 2016 to support sustainable infrastructure projects in the Asia region, and direct funding to investments in member countries. The financing we provide from AIIB is also important in terms of both TSKB and Turkish economy and trust environment. The Turkish economy protects the appropriate climate for many investments with its strong structure. We continue our support to economy and private sector with financial support we provide. We are proud to bring this funding source to our country. We will continue to give priority to inclusive development and sustainability-themed loans at the next time.