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TSKB’s Best Bank Award for Sustainable Development of Turkey

TSKB’s Best Bank Award for Sustainable Development of Turkey
  • Since 1950, the key roles in corporate crediting, investment banking and consulting areas have been undertaken and brought global funds with sustainable investments in Turkish private sector, Turkey’s Sinei Development Bank (TSKB), Global Banking & Finance Awards was awarded the ‘Best Bank in Sustainable Development in Turkey’ category in 2022.

    Turkey produces solutions for green and inclusive conversion]
    TSKB, who puts the United Nations (BM) Sustainable Development Goals (SKA) to the center of the value creation model, and works with the objective of concrete contribution to all SKAs, produces solutions for the green and inclusive transformation of Turkey with all business handles. TSKB, which measures the environmental and social risks of all investment and business loans, provides long-term financing with the selected bonds of sustainability, exports from environmental and social development to investments, international development financing organizations and international markets. Besides credit opportunities, TSKB continues to transfer information and experience with investment banking and consulting solutions, specialized affiliates in the fields of Investment Financing Values Inc., Escarus-Sustainability Consulting and TSKB Real Estate Valuation Inc. continues to provide a very-dimensional support to its customers' needs. [

    The first bank to start carbon banking application
    ]
    In 2008, approximately 80 percent of global funds provided by TSKB, the first bank to start zero carbon banking application, constitutes environmental, social and governance (ESG). For the past 30 years, TSKB, which is responsible for being a positively discrete institution in the sector with concrete contributions to environmental, climate and social development areas, aims to provide financing with 8 billion US Dollars Sustainable Development Objectives up to 2030. By 2025, TSKB’s renewable power plants that plan to keep the SKA-connected credit rate at 90 percent are now equivalent to 15 percent of Turkey’s installed power in this field. TSKB contributes to the reduction of carbon emissions in Turkey at 16 million tonnes every year with all the credit usages supported to low-carbon economy.

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    ] One of the world’s most respected publications in the banking field is rewarded by the UK-based Global Banking & Finance Review Magazine, every year in the banking and finance world’s companies’ expertise and excellence. Organizations are prominent in the global financial sector, including banking, corporate finance and asset management in awards.