Milestones in Our Sustainability Journey
2025
- TKYB became the first and only bank in Türkiye to become a TNFD Adopter.
2024
- TKYB distinguishes itself as the first and only bank to implement detailed Gender Equality Analysis and OECD DAC scoring across its entire portfolio of financed projects.
- By incorporating 100% of its portfolio in emission calculations, the Bank becomes the first public bank to affiliate with PCAF (Partnership for Carbon Accounting Financials).
- As a frontrunner in social sustainability, TKYB also attained the status of the first bank to join the Social Value Türkiye association.
- The Bank committed to the United Nations Women’s Empowerment Principles (UN WEPs) as a signatory.
- TKYB achieved recognition as the first bank among all public and private financial institutions to receive the “Climate Friendly Organization” certification from the Turkish Standards Institution (TSE).
2023
- In 2023, TKYB entered into several major international financing agreements. These include a €100 million "Climate Finance" loan and €10 million in grant agreements with the German Development Bank (KfW); a $200 million Renewable Energy and Energy Efficiency agreement with the Japan Bank for International Cooperation (JBIC); and a $100 million financing agreement with the Islamic Development Bank to fund food security investments. Furthermore, a preliminary $100 million agreement was concluded with the International Islamic Trade Finance Corporation (ITFC), and a €50 million loan agreement was signed with the Black Sea Trade and Development Bank (BSTDB) to finance SMEs in the earthquake-affected regions.
- In recognition of its workplace practices, the Bank earned the distinction of "Best Employer in Türkiye", as listed in the "Great Place to Work Türkiye 2023 List." The Bank also ranked first in the 250–499 employees category of the "Great Place to Work-Best Workplaces for Innovation by All 2023" list. Notably, the Bank became the first institution in the Turkish financial sector to publish a Green Human Resources Policy. During the 2023 corporate governance rating review, the Bank enhanced its score to 9.40, thereby maintaining its status within the leading group of the World Corporate Governance Index.
- The first Impact and Allocation Report was published within the scope of the Sustainable Bond issuance.
2022
- The Bank executed a €100 million sustainable Eurobond issuance aimed at contributing to sustainable growth, with proceeds dedicated to green projects combating climate change.
- By aligning with the Capital Markets Board Corporate Governance Principles, the Bank achieved a high rating of 9.32 out of 10. This score places the Bank in the "best practice" category and secures its position within the first group of the World Corporate Governance Index.
- Within the scope of its Integrated Management System initiatives, the Bank added the ISO 10002 Customer Satisfaction Management System certification to its existing ISO 45001 Occupational Health and Safety and ISO 9001 Quality Management System certifications.
- Based on employee evaluations, the Bank was awarded the “Great Place to Work” certification.
- In September 2022, the Bank published Türkiye’s First Impact Report aligned with the Operating Principles for Impact Management, which successfully passed an independent assurance audit.
- The Bank acted as the intermediary for Türkiye’s first low-carbon transition bond issuance.
- In the Environmental, Social, and Governance (ESG) risk rating conducted by the global sustainability assessment firm Sustainalytics, the Bank received a risk score of 11.0. This result ranks it among the leading institutions in Türkiye and ensures the country is represented successfully at the top of global rankings.
- For its role in mediating Türkiye’s first low-carbon transition bond, the Bank was honored in the “Best Green Project Financing Bank 2022” category at the International Finance Awards.
- The Bank received the “Outstanding Sustainable Project Financing” award at The Global Sustainable Finance Awards, organized by the European Organization for Sustainable Development (EOSD), in recognition of its innovative contributions to the Sustainable Development Goals and its financing activities integrated with the ESG criteria.
- In 2022, the Bank publicly announced its Sustainable Finance Framework. This framework aligns with the International Capital Market Association (ICMA) Green and Social Bond Principles and the Loan Market Association (LMA) Green and Social Loan Principles, and has received a Second Party Opinion (SPO).
2021
- The Bank has provided, and continues to provide, financial advisory, capital markets advisory, and merger and acquisition advisory services for major projects, particularly in sectors prioritized for national development.
- With a transaction totaling TRY 50 million executed via capital markets, the Bank completed its first sustainable issuance, which also stands as Türkiye’s first social sukuk issuance.
- The TRY 200 million issuance for Palgaz Doğalgaz Dağıtım A.Ş., which was Türkiye’s first low-carbon transition bond, was successfully completed. This issuance earned the Bank the “Best Green Project Financing Bank” award by the International Finance Awards in 2022.
- In 2021, the Bank became the first and only institution in Türkiye to sign the Operating Principles for Impact Management, led by the International Finance Corporation (IFC).
- CDP’s Climate Change Program honored the Bank with a "B" score in 2021, becoming one of the highest-scoring institutions in the financial sector.
- The Development and Investment Bank of Türkiye published its first Integrated Report.
2020
- The Bank published its first Sustainability Report, covering its operations for the year 2019.
- The Bank’s Environmental and Social Policy officially entered into force in January 2020 following approval by the Board of Directors.
- The Bank's Sustainability Principles and Climate Change Mitigation and Adaptation Policy were enacted in June 2020.
- Kalkınma Yatırım Varlık Kiralama A.Ş. was established as a 100% owned subsidiary of our Bank.
2019
- As part of its restructuring process, the Bank relocated its Headquarters to Istanbul.
- The Bank became a founding signatory of the UNEP-FI Principles for Responsible Banking.
- The Development Fund of Türkiye was established.
2018
- The Bank achieved Carbon Neutral status by fulfilling the Turkish Standards Institution (TSE) "Climate Friendly Organization" criteria and receiving the corresponding certification.
- The institution was officially restructured as the Development and Investment Bank of Türkiye.
2016
- The Bank solidified its position among the pioneers of the financial sector through its reporting to the CDP Climate Change Program.
2014
- The Bank’s financial support for national development exceeded TRY 3 billion.
2010
- The Bank launched operations to minimize environmental impacts and ensure efficient resource utilization via the ISO 14001 Environmental Management System. TKYB became the first public bank in Türkiye to implement the ISO 14001 standard.
2000s
- Financing was facilitated for SMEs and non-incorporated investments through Wholesale Banking (APEX).
1990s
- Within the scope of the “Project for Reintegrating Unfinished Investments and Businesses with Insufficient Working Capital into the Economy,” the Bank mediated the provision of approximately USD 100 million in loans to 525 firms, facilitating the creation of nearly 9,000 additional jobs.
1980s
- The Bank provided technical services within the framework of the State Planning Organization’s (DPT) aid program for Africa.
- The financing and rehabilitation of "worker companies" (enterprises established by Turkish citizens working abroad) were ensured through the Special Loan Fund II (KÖF).
- The Bank undertook a major role in developing tourism infrastructure and provided financing for tourism facilities, driving the growth of the sector.
1970s
- The Bank became the first financial institution to support worker companies and secure financing from international sources.