Development Finance Institutions (DFIs)
Celebrating 51 Years of Empowering Growth Through Global Partnerships!
In alignment with our national development objectives, our Bank remains committed to fostering a sustainable, competitive, and resilient Türkiye through strategic partnerships with international financial institutions.
As the Development and Investment Bank of Türkiye, we serve as a vital conduit for our nation in pursuing its sustainable development goals. Since our inception, we have adopted a sustainable banking model that capitalizes on collaborations with leading global market entities, particularly international development finance institutions. We take pride in crafting innovative solutions alongside our international partners while contributing to Türkiye's economic growth.
On the international stage, we foster resource diversity through an extensive financial network by engaging in collaboration with key global development institutions, such as the World Bank (IBRD), the German Development Bank (kfW), the Asian Infrastructure Investment Bank (AIIB), the Japan Bank for International Cooperation (JBIC), the Islamic Development Bank (IsDB), the China Development Bank (CDB), the French Development Agency (AFD), the Black Sea Trade and Development Bank (BSTDB), the European Investment Bank (EIB), the Council of Europe Development Bank (CEB), the OPEC Fund for International Development (OFID), the International Islamic Trade Finance Corporation (ITFC), the Asian Development Bank (ADB), and the CDP (Cassa Depositi e Prestiti).
Core Objectives and Contributions of Our International Collaborations
In our banking model, which is pivoted around sustainable and inclusive development, we are forging partnerships with international development organizations to finance innovative business models that aim to improve total factor productivity, integrated with our approach to low-carbon, climate-resilient, and environmental friendly economy components of all our available capital components and resources, incorporating necessary technical models to ensure alignment with economic, environmental, and social goals.
The financial resources obtained through our international partnerships enable us to provide innovative and complementary credit instruments to our clients, assisting them in the realization of their projects in crucial areas such as energy development and energy efficiency projects within the framework of a renewable carbon-neutral economy vital to our country’s strategic sectors, creating new opportunities for the labor force and promoting employment growth, ensuring gender equality, contributing to the fight against climate change, ensuring food security, and supporting reconstruction and recovery efforts in the earthquake-affected regions.
Key International Partnerships
As the Development and Investment Bank of Türkiye, we leverage our 51 years of experience and cultivate strategic international alliances to spearhead projects that drive national development.
European Investment Bank (EIB)
Our partnership with the EIB focuses on strengthening and developing SMEs and mid-cap companies, preventing industrial pollution, promoting sustainable tourism, advancing renewable energy, improving energy efficiency, and financing environmental investments.
World Bank (International Bank for Reconstruction and Development - IBRD)
A long-standing partnership with the IBRD facilitates the financing of projects in strategic, value-added sectors of the national economy. This collaboration focuses on initiatives centered on renewable energy and energy efficiency, financing for SMEs through Wholesale Banking (APEX) services, developing geothermal energy resources and projects, creating formal employment, reducing emissions and improving air quality to mitigate industrial pollution, and accelerating the market transition for distributed energy solutions.
Islamic Development Bank (IsDB)
Dating back to 2009, our cooperation with the IsDB has been aligned with the Sustainable Development Goals, focusing on supporting renewable energy, energy efficiency, energy infrastructures, and industrial SMEs, as well as strengthening food security, supporting resilient value chains and promoting sustainable agriculture and food systems, in the context of revitalizing agricultural production, particularly in provinces affected by the earthquake in February 2023, as part of the PERAS Project.
Japan Bank for International Cooperation (JBIC)
Our close cooperation with JBIC aims to reduce energy dependency and foster new investments. We provide financial support for advanced technology projects aligned with Türkiye's net-zero emissions targets. Four Green Finance loan agreements have been signed to date for renewable energy and energy efficiency projects.
Council of Europe Development Bank (CEB)
Through our collaboration with the CEB, we have extended financial assistance to a considerable number of SMEs through commercial banks and leasing companies as part of our Wholesale Banking (APEX) operations.
German Development Bank (Kreditanstalt für Wiederaufbau – kfW)
Our partnership with KfW focuses on environmental protection initiatives in industrial sectors and supporting investments in municipal infrastructures, with priority given to projects aimed at climate action, renewable energy, energy efficiency, and resource efficiency.
China Development Bank (CDB)
Ongoing cooperation with the CDB within the framework of the "Belt and Road Initiative" targets infrastructure, energy, manufacturing, and education, while also seeking to address the working capital needs of the private sector.
Asian Infrastructure Investment Bank (AIIB)
In addition to renewable energy and energy efficiency, our agreements with the AIIB have prioritized support for the liquidity and working capital needs of manufacturing firms negatively impacted by the COVID-19 pandemic.
Black Sea Trade and Development Bank (BSTDB)
An agreement signed in 2023 specifically aims to support SMEs in the earthquake-affected regions, thereby promoting regional economic recovery.
OPEC Fund for International Development (OPEC Fund)
Financing secured from the OPEC Fund in 2024 is intended to foster the sustainable development of the agriculture and food production sectors.
Asian Development Bank (ADB)
An agreement signed in 2025 concentrates on assisting the recovery of the earthquake-affected areas, specifically within the renewable energy and manufacturing sectors. Financing provided by the Italian Development Bank (CDP) in 2025 is dedicated to promoting solar energy investments in these regions impacted by the earthquake.
International Memberships
Our Bank is a proud member of ADFIMI (the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank) and the IIF (the Institute of International Finance).
Bilateral Agreements with Development Finance Institutions/Funds Received
European Investment Bank
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 04.03.2004 | 18,4 | € | EIB GLOBAL IV - SME |
| 09.12.2005 | 29 | € | EIB GLOBAL IV - SME |
| 19.07.2007 | 40 | € | EIB SME DEVELOPMENT I |
| 08.05.2008 | 50 | € | EIB ENERGY & ENVIRONMENT I |
| 08.06.2009 | 100 | € | EIB ENERGY & ENVIRONMENT II |
| 10.12.2009 | 150 | € | EIB ENERGY & ENVIRONMENT |
| 04.07.2011 | 75 | € | EIB SME & LE I |
| 09.05.2012 | 75 | € | EIB SME & LARGE ENTERPRISE |
| 25.04.2013 | 100 | € | EIB SUSTAINABLE TOURISM & ENERGY EFFICIENCY |
| 03.12.2013 | 150 | € | EIB DEVELOPMENT SME & LARGE ENTERPRISE |
| 09.12.2014 | 100 | € | EIB ENERGY & ENVIRONMENT / A LOAN |
| 09.02.2017 | 100 | € | EIB SME DEVELOPMENT / SME III / A |
World Bank
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 05.05.2004 | 50,2 | $ | WB RENEWABLE ENERGY I |
| 09.06.2009 | 15,7 | € | WB RENEWABLE ENERGY II |
| 09.06.2009 | 30 | $ | RENEWABLE ENERGY |
| 09.06.2009 | 130 | $ | WB ENERGY II |
| 06.07.2010 | 100 | $ | WB SME II APEX |
| 05.12.2011 | 114,3 | € | WB RENEWABLE ENERGY & ENERGY EFFICIENCY (ADDITIONAL) |
| 05.12.2011 | 135 | $ | RENEWABLE ENERGY & ENERGY EFFICIENCY |
| 30.11.2016 | 138 | $ | WB GEOTHERMAL DEVELOPMENT (INCL. $38MN GRANT) |
| 01.06.2020 | 316 | € | FORMAL EMPLOYMENT CREATION |
| 09.09.2020 | 250 | $ | EMERGENCY FIRM SUPPORT LOAN |
| 21.12.2021 | 150 | $ | GEOTHERMAL DEVELOPMENT LOAN |
| 18.04.2024 | 200 | € | TÜRKİYE INDUSTRIAL EMISSION REDUCTION PROJECT |
| 18.04.2024 | 200 | $ | TÜRKİYE INDUSTRIAL EMISSION REDUCTION PROJECT |
| 16.05.2024 | 300 | € | TÜRKİYE ACCELERATING MARKET TRANSITION FOR DISTRIBUTED ENERGY |
| 16.05.2024 | 15 | $ | TÜRKİYE ACCELERATING MARKET TRANSITION FOR DISTRIBUTED ENERGY |
| 29.05.2025 | 250 | € | EARTHQUAKE REGION FORMAL EMPLOYMENT CREATION |
| 29.05.2025 | 240.7 | $ | EARTHQUAKE REGION FORMAL EMPLOYMENT CREATION |
Islamic Development Bank
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 03.06.2009 | 21 | $ | ISDB III USD - SME |
| 30.12.2013 | 220 | $ | ISDB RENEWABLE ENERGY AND ENERGY EFFICIENCY |
| 22.11.2017 | 200 | $ | ISDB CLEAN TECHNOLOGY AND ENERGY INFRASTRUCTURE |
| 05.12.2023 | 100 | $ | EARTHQUAKE ZONE FOOD SECURITY |
Industrial and Commercial Bank of China
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 26.06.2018 | 400 | $ | ICBC CORPORATE AND COMMERCIAL FINANCING |
Japan Bank for International Cooperation
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 26.03.2013 | 100 | $ | JBIC I RENEWABLE ENERGY AND ENERGY EFFICIENCY |
| 26.03.2015 | 150 | $ | JBIC II RENEWABLE ENERGY AND ENERGY EFFICIENCY |
| 29.03.2021 | 170 | $ | JBIC III RENEWABLE ENERGY AND ENERGY EFFICIENCY |
| 21.12.2023 | 200 | $ | JBIC IV RENEWABLE ENERGY AND ENERGY EFFICIENCY |
Council of Europe Development Bank
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 07.04.2004 | 44,6 | € | CEB SME |
| 13.08.2010 | 50 | € | CEB SME APEX |
| 19.12.2013 | 80 | € | CEB SME (APEX) LEASING |
| 20.12.2016 | 100 | € | CEB SME (APEX) LEASING II |
German Development Bank KfW
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 20.12.2013 | 47,9 | € | RENEWABLE ENERGY AND ENERGY EFFICIENCY |
| 15.08.2014 | 23 | € | MUNICIPAL INFRASTRUCTURE LOAN |
| 17.09.2019 | 13,6 | € | MUNICIPAL INFRASTRUCTURE LOAN |
| 20.12.2019 | 45 | € | SOLAR ENERGY |
| 06.04.2023 | 110 | € | CLIMATE FINANCE |
China Development Bank (CDB)
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 28.12.2021 | 200 | € | ENERGY, INFRASTRUCTURE, SMES, EDUCATION, MANUFACTURING AND OTHER SECTORS |
| 01.09.2025 | 200 | $ | WORKING CAPITAL |
Asian Infrastructure Investment Bank
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 10.12.2019 | 200 | € | RENEWABLE ENERGY AND ENERGY EFFICIENCY LOAN |
| 17.08.2020 | 300 | € | COVID-19 LOAN |
| 08.11.2021 | 100 | € | RENEWABLE ENERGY AND ENERGY EFFICIENCY ADDITIONAL FINANCING LOAN |
Black Sea Trade and Development Bank
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 18.12.2018 | 50 | € | SME FINANCE |
| 14.09.2023 | 5 | € | SME FINANCE FOR THE EARTHQUAKE REGION |
OPEC Fund
 | Areas of Cooperation | ||
| Supporting the Agriculture and Food Sectors | |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 21.03.2024 | 50 | € | SUPPORTING THE AGRICULTURE AND FOOD SECTORS IN THE EARTHQUAKE REGION |
Asian Development Bank
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| 17.12.2025 | 150 | € | RENEWABLE ENERGY, MANUFACTURING INDUSTRY |
| 17.12.2025 | 150 | $ | RENEWABLE ENERGY, MANUFACTURING INDUSTRY |
Italian Development Bank
 | Areas of Cooperation | ||
| |||
Bilateral Agreements | |||
| Date | Amount (Mn) | Currency | Loan Name/ Description |
| - | 50 | € | SOLAR ENERGY IN THE EARTHQUAKE REGION |
Procedures Regarding International Resources
Asian Infrastructure Investment Bank (AIIB) Renewable Energy and Energy Efficiency Credit / Policy Statement
On 10 December 2019, the Development and Investment Bank of Türkiye (TKYB) successfully secured its inaugural loan from the Asian Infrastructure Investment Bank (AIIB), amounting to USD 200 million, earmarked for investments in renewable energy and energy efficiency. Following the effective allocation of this initial funding, TKYB subsequently obtained an additional USD 100 million to further enhance private-sector investments in renewable energy and energy efficiency in Türkiye.
Through the agreements referenced above, the Asian Infrastructure Investment Bank (AIIB) has instituted the Project-Affected People’s Mechanism (PPM) policy for projects funded under these facilities. Individuals affected by these projects with environmental or social concerns are encouraged to report such issues through TKYB’s grievance mechanism or directly to AIIB management. Should the resolution of these concerns fail to meet their expectations, individuals retain the right to escalate their grievances to the PPM. For detailed information regarding the assistance provided by the PPM, please refer to the "How We Assist You - Project-Affected People’s Mechanism" section on the AIIB website.
KfW Loan Facility and International Climate Initiative (IKI) Grant
TKYB serves as the implementing agency for the climate finance loan facility and grant facility funded by KfW and the International Climate Initiative (IKI). For projects financed by IKI as of 2023, a dedicated grievance mechanism has been established. Complaints and concerns can be formally submitted via the following link: Independent Complaint Mechanism | Internationale Klimaschutzinitiative (IKI).
Financial Data of the Project
AIIB L0141A
AIIB L0141C
IBRD - 9078TR Formal Employment Creation Project
IBRD - TF0B4699 FEC Grant
IBRD - 9159TR Emergency Firm Support
IBRD - 9078TR Formal Employment Creation Project (30.06.25)
IBRD - TF0A1532 Clean Technology Fund Grant