05

Social Capital

Supplier Determination Procedure

As part of the social capital of Development and Investment Bank of Türkiye, the Supplier Determination Procedure stands out. This procedure regulates the processes of identifying and evaluating the supplier companies that will supply services and products to meet the Bank’s needs. The scope of this procedure includes the selection of suppliers according to the effective criteria determined during the selection process and the evaluations made once a year after this selection.

Purchases regarding the Information Technologies Systems and Infrastructure, Information Technologies Application and Development, Information Security, External/Support Services and Valuation Services, expenditures made with the company credit card, and expenditures made as work advances are excluded from this procedure. Specific regulations and procedures are applied for such purchases.

Supplier companies are required to provide the specified documents and documentation in order to gain “Approved Supplier” status. In addition, depending on the nature of the product or service requested, they are expected to submit additional documents and documents specified in the technical specifications of the work.

TKYB, through the Internal Control and Compliance Unit, subjects all supplier companies to the International Prohibited List Match check. We do not work with companies under embargo or sanctions. The approval of the Assistant General Manager of the relevant business line is required to procure services from suppliers that are considered high-risk. Approved suppliers are subjected to an international restricted list check once a year, and business relations with companies found to be subject to embargo or sanctions are terminated.

The service-receiving unit evaluates its approved supplier annually with the Supplier Evaluation Form. During these evaluations, the supplier’s availability of Integrated Management Systems, i.e., having ISO 9001, ISO 14001, ISO 45001, etc. certificates, is also taken into consideration. In this way, TKYB’s supplier determination procedure constitutes an important part of its social capital and contributes to an effective and fair supplier selection process.