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Message from the Chair of the Board

Dear Stakeholders,

In the 100th year of our Republic, we were deeply shaken by earthquake disasters that affected many of our provinces. I wish Allah’s mercy to our citizens who lost their lives in the earthquakes, and my condolences to their relatives and our nation. I would like to emphasize that we will continue the support we have provided since the first moments of the disaster in the recovery and development processes of the region as well.

The global economy, which started 2022 strongly, lost its pace of growth due to geopolitical risks caused by the Russia-Ukraine war, global inflationary developments, rising recession expectations in developed countries and the uncertainty in supply chains caused by China’s zero-case policy. Despite the global slowdown, the Turkish economy maintained its strong growth performance in 2022.

As Development and Investment Bank of Türkiye, we consolidated another successful year with our financial results. While taking important steps to support Türkiye in achieving its development goals, we encourage economic growth, play an active role to increase employment and support sustainable development through our operations.

In 2022, our Bank continued to support the sustainable growth of our country with funds from development finance institutions with our 48-year-long history of bilateral strong cooperation. The total amount of funds we obtained internationally exceeded USD 5 billion. In the past period, we aimed to increase foreign capital inflows to Türkiye by obtaining resources from international organizations with which we established a deep-rooted partnership.

In this way, we provided financing support to projects in sectors such as agriculture, energy, infrastructure, industry, tourism, and information technologies in our country, supporting the growth and competitiveness of these sectors.

We supported the development of the entrepreneurship ecosystem across our country by directly investing in start-up companies with a fund size exceeding TL 1.6 billion managed under the umbrella of the Türkiye Development Fund.

As a Bank that has focused on sustainability since the first day of our establishment, we have prioritized the financing of green projects to support Türkiye’s sustainability goals. We created loan and support programs for renewable energy projects. Maintaining its activities in line with the United Nations Sustainable Development Goals, our Bank continues to fulfill its responsibility in developing the impact investment ecosystem and achieving the 2053 net zero emission target.

At the Development and Investment Bank of Türkiye, we not only provide financial services but also care about our social responsibilities. We see it as our responsibility to increase the welfare of society by supporting social projects in areas such as education, health, environment, and social development. We implemented various corporate social responsibility projects to support social development as well as sustainable development.

As the Bank, we continue to work relentlessly to meet Türkiye’s Development and Investment needs, focusing on embracing sustainability principles and contributing to society. Accordingly, we will continue to support our country’s development journey in the coming years with our diversified financial services, innovative solutions, and strategic collaborations. On behalf of myself and the Board of Directors, I would like to extend my gratitude to all our stakeholders, especially our valuable employees, who contributed greatly to the successes of our Bank.

Dr. Raci KAYA
Chair of the Board of Directors