π Tender Overview
Project ID: 56329
Status: Signed
Location: TΓΌrkiye
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 29 May 2025
Disclosure date: 10 Jun 2025
Project Description
A senior unsecured loan to TΓΌrkiye Sinai Kalkinma Bankasi A.S. ("TSKB") in the amount of EUR 75 million for on lending to companies that promote inclusive policies and practices. At least 15% of the loan will be allocated to "youth-inclusive" companies that implement policies and practices to support youth employment. In addition, at least 15% of the loan will be allocated to companies operating/investing in the earthquake-affected regions. The remaining portion will be allocated to "women-inclusive" companies, which implement inclusive policies and practices to support women employment and leadership.
Project Objectives
The loan will be the first cooperation between EBRD and TSKB on inclusive finance area, combining multiple elements, namely: women-inclusive financing under TSKB's established and proven framework, a pioneering youth employment focus, and targeted financing for the earthquake-affected regions to support the preservation and rebuilding of livelihoods, jobs, and human capital in the region.
Transition Impact
ETI score:69
rong>Inclusive & Resilient: The Project will enable TSKB to launch a new business segment (youth-inclusive) and, enhance sub-borrowers' internal policies and practices in promoting the employment of women and youth. The project will also support the preservation and rebuilding of livelihoods, jobs, and human capital by providing financing to earthquake affected regions.