📋 Tender Overview
Project ID: 55709
Status: Signed
Location: Türkiye
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: BE
Approval Date: 22 Oct 2024
Disclosure date: 25 Jun 2025
Project Description
A senior unsecured loan of up to EUR 50 million to Yapi ve Kredi Bankasi A.S. ("YKB"), for on-lending to women-led SMEs under the Türkiye Women in Business ("TurWiB II"), a blended programme established under the Financial Intermediaries Framework ("FIF").
Project Objectives
TurWiB II is an integrated and dedicated programme supporting women entrepreneurship and women-led SMEs. EBRD financing will be accompanied by (i) a technical cooperation programme for YKB to continue building their internal capacity to better serve this segment, and (ii) a risk sharing mechanism supported by the Turkish Credit Guarantee Fund ("CGF"), underwritten by the Turkish Ministry of Treasury and Finance, to stimulate lending on a sustainable basis. In addition, women entrepreneurs will be provided with advisory, mentorship and networking opportunities, facilitating their access to know-how and non-financial development services, as well as access to markets.
Transition Impact
ETI score:70
Project will contribute to Inclusive and Competitive transition impact qualities. It supports strengthening the role of women-led SMEs in the economy, putting emphasis on under-served women entrepreneurs, including first-time borrowers and those based outside of main commercial centres in Türkiye.
Client Information
YAPI VE KREDI BANKASI A.S.
YKB's is the 4th largest private bank in Türkiye by asset size, with total assets of EUR 69.8bn and equity of EUR 5.3bn as of YE24. YKB's main shareholder is Koc Group with 61.2% stake, while 38.8% of shares are publicly traded in Borsa Istanbul (BIST).
