Our Resources

TKYB cooperates with international organizations and institutions which support the development of Türkiye’s core industries.

International Memberships

TKYB is a member of ADFIMI (the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank) and IIF (the Institute of International Finance).

Bilateral Agreements with Development Finance Institutions/ Loans Obtained

The European Investment Bank (EIB)

Areas of Cooperation

  • SME
  • Renewable Energy
  • Energy Efficiency

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
04.03.2004 18,4 EUR EIB Global IV SME
09.12.2005 29 EUR EIB Global IV SME
19.07.2007 40 EUR EIB SME Development I SME
08.05.2008 50 EUR EIB Energy Environment RE I
08.06.2009 100 EUR EIB Energy Environment RE II
10.12.2009 150 EUR EIB Energy Environment RE
04.07.2011 75 EUR EIB SME LE I
09.05.2012 75 EUR EIB SME Large Enterprise
25.04.2013 100 EUR EIB Sustainable Tourism and Energy Efficiency
03.12.2013 150 EUR EIB Development SME and Large Enterprise
09.12.2014 100 EUR European Investment Bank Institute Energy Environment/Loan A
09.02.2017 100 EUR EIB. SME Development LE/SME III/A

The World Bank

Areas of Cooperation

  • SME
  • Renewable Energy
  • Energy Efficiency

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
05.05.2004 50,2 USD WB Energy Renewable Energy I
09.06.2009 15,7 EUR WB Energy Renewable Energy II
09.06.2009 130 USD WB Energy II
09.06.2009 30 USD WB Clean Technology Fund
06.07.2010 100 USD WB SME II APEX
05.12.2011 114,3 EUR WB Renewable Energy&Energy Efficiency Additional Finance
05.12.2011 135 USD Renewable Energy and Energy Efficiency
30.11.2016 138 USD WB Geothermal Development (USD 38-million grant)
01.06.2020 316 EUR Formal Employment Creation
09.09.2020 250 USD Emergency Firm Support
21.12.2021 150 USD Geothermal Development Loan

Islamic Development Bank (IsDB)

Areas of Cooperation

  • Renewable Energy
  • Energy Efficiency
  • Energy Infrastructure
  • SME

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
03.06.2009 21 USD IsDB III Dollar SME
30.12.2013 220 USD IsDB Renewable Energy and Energy Efficiency
22.11.2017 200 USD IsDB Clean Technology and Energy Infrastructure

Industrial and Commercial Bank of China (ICBC)

Areas of Cooperation

  • Corporate and Commercial Funding

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
26.06.2018 400 USD ICBC Corporate and Commercial Funding

The Japan Bank for International Cooperation (JBIC)

Areas of Cooperation

  • Renewable Energy
  • Energy Efficiency

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
26.03.2013 100 USD JBIC I Renewable Energy and Energy Efficiency
26.03.2015 150 USD JBIC II Renewable Energy&Energy Efficiency
29.03.2021 170 USD Renewable Energy&Energy Efficiency

The Council of Europe Development Bank (CEB)

Areas of Cooperation

  • SME

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
07.04.2004 44,6 EUR CEB SME
13.08.2010 50 EUR CEB SME APEX
19.12.2013 80 EUR CEB SME (APEX) Leasing
20.12.2016 100 EUR CEB SME (APEX) Leasing II

KfW Development Bank

Areas of Cooperation

  • Renewable Energy
  • Energy Efficiency
  • Municipal Infrastructure

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
20.12.2013 47,9 EUR Renewable Energy and Energy Efficiency
15.08.2014 23 EUR Municipal Infrastructure Loan
17.09.2019 13,6 EUR Municipal Infrastructure Loan
20.12.2019 45 EUR Solar

Agence Française de Développement (AFD)

Areas of Cooperation

  • SME

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
12.04.2006 20 EUR AFD SME (APEX)

China Development Bank (CDB)

Areas of Cooperation

  • Infrastructure
  • Energy
  • SMEs

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
28.12.2021 200 USD Energy, Infrastructure, SMEs, Education, Manufacturing Industry and Other Sectors

AIIB

Areas of Cooperation

  • Energy

Bilateral Agreements

Date Amount (million) Currency Explanation/Loan Title
17.08.2020 300 USD Covid-19 Line
08.11.2021 100 USD Renewable Energy&Energy Efficiency Additional Finance

International Resources Related Procedures

Asian Infrastructure Investment Bank Renewable Energy and Energy Efficiency Loan / Policy Declaration

On December 10, 2019, Türkiye Kalkınma ve Yatırım Bankası (TKYB) secured its first loan from the Asian Infrastructure Investment Bank (AIIB), amounting to USD 200 million, for investments in renewable energy and energy efficiency. Following the successful allocation of this loan, TKYB received an additional USD 100 million in financing to further support private sector investments in renewable energy and energy efficiency in Türkiye.

The Asian Infrastructure Investment Bank (AIIB) has established the Project-Affected People's Mechanism (PPM) policy, which is relevant for projects financed through these above mentioned agreements. Should individuals impacted by these projects have any environmental or social concerns, they are encouraged to communicate these issues via TKYB's grievance mechanism or directly to AIIBs management. If the resolution of these concerns does not meet their expectations, they are entitled to escalate their grievances to the PPM. For more comprehensive information on the support provided by the PPM, interested parties can visit the "How We Assist You - Project-Affected People's Mechanism" section on the AIIB website.

KFW Loan Facility and IKI Grant

TKYB is the implementing agency of the climate finance loan facility and grant facility funded by KfW and the International Climate Initiative (IKI) respectively. IKI has established a centralized complaint mechanism for their funded projects in 2023 and it can be accessed here: Independent Complaint Mechanism | Internationale Klimaschutzinitiative (IKI).

Project Financial Reports

Emergency Firm Support Project