Strategy of the Development and Investment Bank of Türkiye
By adopting an impact-oriented approach, the Development and Investment Bank of Türkiye aims to manage its corporate banking, project finance, venture capital, and private equity investment activities in a more disciplined, transparent, and measurable manner in line with global impact standards.
The Development and Investment Bank of Türkiye is of the opinion that
the understanding of finance should be centered on sustainability objectives
in order to construct a climate-conscious and equitable economy.
In this regard, the Bank believes that corporate brands should disclose the
social benefits they provide in accordance with SDG (Sustainable Development
Goals) indicators by initiating integrated reporting and impact reporting
processes in addition to financial reports and annual reports.
With this sense of responsibility, the Bank published the first Impact
Report for Türkiye in accordance with the Impact Principles, demonstrating
its dedication to enhancing discipline, transparency, and measurable outcomes.
The Development and Investment Bank of Türkiye completed its first
sustainable Eurobond issuance worth EUR 100 million in September 2022,
adding a new item to its expanding foreign financing portfolio within the
framework of sustainability. This export, with a 11-year maturity, was
financed by the French Development Agency (AFD). At least 75% of the funds
obtained from the issuance will be invested in investments aimed at
combating climate change in our country and 25% in supporting social
projects.
Strategic Goals
The Development and Investment Bank of Türkiye continues to play a
leading role in financing the green transformation through its activities as
a development bank, investment bank, and Türkiye Development Fund within the
context of the United Nations Sustainable Development Goals and Türkiye’s
green development initiative and aims to continue to play an active role
in all areas of green transformation in our country.
The Bank adheres to the principles of responsible banking in accordance with
its primary strategic goals. These objectives are based on the creation of
long-term value for the investors with whom it has a solution partnership
and the promotion of sustainable development.
Goals for Development Banking
- Diversification of financing products for priority sectors with high import dependency, foreign trade deficit, contribution to employment and foreign currency income potential, as determined in Development Plans and Programs
- Contribution to the sustainable growth of our country and to providing financing with the most appropriate instruments through investment banking products in addition to loans that are suitable for the feasibility and cash flow of the project in order to encourage and revitalize investments
- Supporting projects that serve the goals of transition to a low carbon economy, combating climate change, conscious production-consumption, eliminating poverty, protecting our planet, etc., in order to realize the Sustainable Development Goals
Goals for the Türkiye Development Fund
- Playing an important role in the development of the startup ecosystem by investing in new-generation startups while supporting sectors of strategic importance in the sustainable growth of our country with its sub-funds
- Carrying out activities to transform public resources into capital investments focused on national development
Goals for Investment Banking
- Raising the Türkiye capital market to the level of international capital markets and encouraging the inflow of foreign capital to Türkiye
- Providing all investment banking services at international standards
- Providing reconstructive consultancy services for companies’ financial bottlenecks
- Supporting sound investment decisions through financial feasibility consulting
- Participating in investment banking projects that will attract direct foreign investment to our country
- Developing alternative financing sources to meet the funding needs of businesses
- Developing innovative capital market products in accordance with market conditions and the suitability of cooperating sales intermediaries
Goals for Strengthening the Resource Structure
- Creating a strong and diversified funding structure that supports sustainable asset growth
- Increasing the inflow of resources to the Bank from development finance institutions and comparable loan providers
Goals For Environmental and Social Responsibility
- Continuing efforts to further strengthen our Environmental and Social Risk Assessment practices in line with international standards with the technical support of the German Development Bank (KfW), continuing to strengthen capacity and making significant progress on the subject by the end of 2023
- Recognizing that impact investing activities in Türkiye have increased significantly in recent years due to the growth of impact investing initiatives and investor appetite, making a tangible and measurable contribution to social and environmental issues as well as financial returns with an impact-oriented approach
- Continuing the ongoing technical assistance work with AFD-Frankfurt School of Finance to develop a “Gender Equality Risk Assessment Tool” and assessing gender equality while evaluating social risks with this tool
Goals for Information Technologies and Business Processes
- Developing a corporate structure and processes that ensure operational effectiveness and efficiency in all areas of operation, with an emphasis on digitalization and supported by information technologies