As always, the Bank continued to support the real sector, production, and employment in 2022 and closed the year with growth in terms of funding, loans, and operational profitability. The Bank increased its assets by 89% compared to the same period of the previous year, reaching 91.60 billion TL. The Bank’s shareholders’ equity increased to 6.84 billion TL and its capital adequacy ratio stood at 16.67%. In 2023, the Bank will continue to add new products and services to its existing ones, focus on digitalization and quality, and continue its efforts to achieve its financial and operational targets.
The Bank has been reporting to the Climate Change Program of CDP, the world’s largest environmental reporting platform, since 2016, where questions on strategy, governance, emission metrics, targets, performance and value chain interaction are answered voluntarily, and has achieved a B (Management Level) score in 2022.
To diversify its funding sources and contribute to the sustainable growth of our country, Development and Investment Bank of Türkiye has realized its first sustainable Eurobond issuance of 100 million EUR in 2022, adding a new one to the foreign resources it has obtained in the field of sustainability. At least 75% of the funds to be obtained from the 11-year maturity issue financed by the French Development Agency (AFD) will be allocated to the financing of green projects that contribute to the fight against climate change in Türkiye, while the remaining portion will be directed to social projects.
As a result of the research conducted by Great Place to Work, the Bank was awarded the Great Place to Work certificate based on the evaluation of its employees.
The Bank’s first corporate governance rating study was completed, and the rating score was determined as 9.32 out of 10. This high rating indicates that the Bank is in the first group according to the World Corporate Governance Index.
With a risk rating of 11.0 in 2022, the Bank was positioned among the leading institutions in Türkiye and contributed to the successful ranking of our country in the top ranks with the 11.0 risk rating it received in 2022 within the scope of the risk rating of Sustainalytics, one of the international sustainability rating agencies, where Environmental, Social and Governance (ESG) topics are evaluated.
In addition to the ISO 45001 Occupational Health and Safety Management System and ISO 9001 Quality Management System certificates, the company obtained the ISO 10002 Customer Satisfaction Management System certificate, which aims to address, evaluate, and reduce customer complaints, increase customer satisfaction, and address future customer expectations.
The Bank has complied with the ISO/IEC 27001:2013 Information Security Management System Standard, the only auditable international standard published by the International Organization for Standardization (ISO), which defines the requirements for information security and includes the controls that institutions and organizations must comply with in information security and has been entitled to receive the relevant certificate.
Türkiye’s first Impact Report in line with the Impact Principles and the Bank’s Sustainable Financing Framework was published in 2022. Second Party Opinion (SPO) was obtained for the framework, which is in line with ICMA (International Capital Market Association) Green Bond Principles, ICMA Social Bond Principles, LMA (Loan Market Association) Green Loan Principles and LMA Social Loan Principles.
At the Bonds Loans & Sukuk Türkiye awards, the Bank won the first prize in the “IPO of the Year”
category with the public offering of Aydem Renewable Energy A.Ş. and the second prizes in the “Islamic
Finance Deal of the Year” and “Local Currency Bond of the Year” categories with Türkiye’s first social
sukuk issuance. In addition, the Bank won the first prize in the “Best Green Project Financing Bank 2022”
category at the International Finance Awards organized by the international finance magazine International
Finance for its intermediation in Türkiye’s first low-carbon economy transition bond issuance. Within the
framework of the protocol signed between the COMCEC Coordination Office and the Bank, 2 of the 24 projects
to be financed in the implementation period of 2022 were canceled and 16 projects were completed.
There are six projects with ongoing financial reporting and disbursement
processes. As of 30.12.2022, a payment of 15,649,212.64 TL was received within the scope of COMCEC in 2022
and 12,643,154.38 TL of this amount was transferred for project payments.
Strategic collaborations were established by ensuring the participation of the Ministry of Industry and Technology and KOSGEB as investors in the Regional Development Fund and Technology Innovation Fund, which are sub-funds of the TIF, and the size of the Technology and Innovation Fund reached 475 million TL in 2022 with additional commitments made by KOSGEB.
In 2022, METU Teknokent Girişim Destek ve Yatırım A.Ş. and the Development METU Teknokent Venture Capital Investment Fund, in which the Bank is an investor, were established with a size of 6 million USD. Innovative and Advanced Technologies Participation Venture Capital Investment Fund, Development Participation Venture Capital Investment Fund and Development METU Teknokent Venture Capital Investment Fund aim to support technology-oriented companies that contribute to the national economy with funds subject to CMB legislation.