TurkishBank UK Supports ESG Goals

Turkishbank UK is highly excited to inform TurkishTimes readers on the recent investment in the Sustainability-Linked Syndicated Loan of Turkiye Sinai Kalkinma Bankasi (TSKB) signed on July 2021 with the participation of 14 banks from 11 different countries in Europe, America, Asia and the Middle East. The main goal of this financing is to provide funding opportunities to support environmental, social and governance (ESG) goals and projects.  TSKB pledges to use the funding from this syndicated loan facility for environment friendly projects, sustainable development and value creation in economic, environmental and social terms. By providing funding through our mentioned loan purchase in the secondary market, we are more than happy to reinforce our role for building the future in a more sustainable and greener way. By considering ESG criteria in our asset purchases, we believe that we are contributing the change of the finance industry and supporting the firms integrates ESG criteria into business or investment decisions.

We see funding as a key lever to influence sustainable outcomes and the finance sector will play an important role in redefining business as usual, helping to support the transition from exploiting nature to restoring nature. Turkishbank UK will continue to support sustainable finance opportunities with determination and we will incentivize the transition through investing with ESG awareness in businesses that manage their environmental impacts and prioritize social concerns & corporate governance concerns. We hope to achieve broader social benefits for all by supporting  sustainable financing goals.