A Strong Structure Created through the Transformation Process
In line with its founding purpose, the Bank has participated in the establishment of many labor companies and provided financing and consultancy support.
It contributed to the capital of some large manufacturing industry enterprises as a founding partner. In 1988, the Bank changed its name to Türkiye Kalkınma Bankası A.Ş. and made it possible to finance non-industrial sectors as well. With the resources it provided, the Bank provided significant support to competitive and efficient production for a stable and strong economy.
In 2018, the Bank was restructured as Development and Investment Bank of Türkiye with a change in the law and moved its headquarters from Ankara to Istanbul in 2019.
During the transformation process, the Bank strengthened its organizational structure with experienced staff from the private sector. Including Investment Banking and Türkiye Development Fund services in its scope, the Bank’s missions include providing the economy with alternative financing instruments for sustainable development and diversifying and deepening Türkiye’s capital markets.
With the Türkiye Development Fund, the Bank further expanded its range of services by providing resources to technology initiatives and companies operating in priority areas of development.
Since 1975, the Bank has focused on Türkiye’s 2023 targets and the United Nations Sustainable Development Goals and has been working towards financing sustainable development. With its specialized and experienced staff, the Bank is well-versed in international banking standards and supports investors with innovative products and services.