Our Sustainable Financing Resources

As QNB Türkiye, we successfully renewed our USD 600 million sustainability syndicated loan with maturities of up to three years. This transaction, which saw investor demand of over 200% and was renewed at a rate of 150%, was carried out with the participation of 46 banks from 20 countries. By facilitating access to financing for SMEs, which are a cornerstone of the Turkish economy, we continue to support sustainable growth and development goals. For more details, visit News from Us.

In December 2024, we secured a Sustainability-Linked Syndicated Loan worth USD 650 million with maturities of 1, 2, and 3 years. This makes us the first and only Turkish bank to have secured a 3-year syndicated loan since 2019. The sustainability commitments used in the borrowing include loans disbursed to regions affected by the February 6 earthquake, which deeply impacted Türkiye, as well as Green Loans disbursed in accordance with the QNB Sustainable Finance and Product Framework. 

In May 2024, we signed our first Sustainable Syndicated Loan worth USD 400 million. The signed loan is being used for an SME loan portfolio that complies with the environmental and social categories specified in the QNB Group Sustainable Finance and Product Framework (SFPF). For more details, see News from Us.

As QNB Türkiye, we have secured a sustainability-linked syndicated loan worth USD 500 million. With this sustainability-linked syndicated loan, which is one of the important tools of our “Becoming 1 With The World” sustainability vision, we continue to support the country's economy and foreign trade. For more details, please visit News from Us.

As QNB Türkiye, we signed an agreement with international banks to renew the syndicated loan we signed in May 2022 with a new syndicated and murabaha loan. Thus, we renewed the syndicated loan of USD 329 million with sustainability criteria. With these transactions, our Bank renewed the syndicated loan maturing in June at a rate of 102%. For more details, please visit News from Us.

As QNB Türkiye, we signed an agreement on November 22, 2022, to renew our loans totaling US$529 million, which we used in November 2021 and December 2019 and will mature in December 2022. Concurrently with the syndicated loan, we also concluded an Islamic financing agreement, renewing our maturing loans at a rate of 104%, thereby achieving the highest renewal rate in the banking sector's second-half syndicated loans. For more details, please visit News from Us.

As QNB Türkiye, we renewed our syndicated loan maturing in May and secured a total of USD 360 million in financing from international banks. With this transaction, which was based on sustainability performance criteria, our bank once again confirmed its unwavering support for the Turkish economy and sustainable development. For more details, please visit News from Us.

This bond, worth TL 250 million, offers local investors the opportunity to invest in sustainable projects.

This bond, worth USD 40 million, provides funding for projects that have a social impact, such as health, education, employment, and financial inclusion.

QNB Türkiye made history in October 2024 by successfully issuing Turkey's first blue bond. This bond, worth USD 25 million, with the International Finance Corporation (IFC) of the World Bank as the sole investor, supports sustainable fishing and tourism projects, contributing to the protection of the Mediterranean ecosystem and the strengthening of the coastal economy.

QNB Türkiye continues to play a leading role in sustainable finance, successfully issuing its second green bond in 2024 in partnership with IFC and EBRD, totaling USD 100 million. This financing supports energy efficiency and renewable energy projects, making a significant contribution to Turkey's goal of achieving net-zero emissions by 2053.

This bond, worth USD 500 million, has strengthened our sustainable financing strategy by supporting projects that meet ESG criteria. 70% of the funds have been allocated to green projects and 30% to social projects. You can access our Allocation and Impact reports here.

This $50 million bond, issued jointly with the EBRD, is the EBRD's first green bond to a bank in Türkiye.

The agreement signed with the EBRD in 2023, worth USD 110 million dollars, aims to support the reconstruction process of private sector businesses affected by the earthquake. Within this scope, this support has continued in 2024 with an additional USD 45 million.

Providing a total of USD 210 million in support, USD 110 million in 2023 and USD 100 million in 2024, the program offers financing, advisory, and risk management services to SMEs affected by the earthquake.

QNB Turkey has provided USD 160 million in funding under the EBRD's TURWIB program for women entrepreneurs. This program contributes to economic development by facilitating financial access for women-led SMEs

Through agreements signed with EFSE, USD 40 million in funding is provided, and through agreements signed with Proparco, USD 50 million in funding is provided to support SMEs in the agriculture sector. These funds aim to increase technological development and energy efficiency in the agriculture sector.

Under an agreement signed with the European Investment Fund (EIF) in 2016, loans are provided to finance master's degree education in the European Union for citizens of the Republic of Türkiye.

With the support of the European Union, loans are provided to small and new businesses under the COSME agreement signed with the European Investment Bank (EIF).