PROJECT

Projects

Summary of Investment Information

Project Number

50321

Company Name

DENIZBANK ANONIM SIRKETI

Date SPI Disclosed

Oct 27, 2025

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Jul 23, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Oct 27, 2025

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Jul 23, 2025
Signed : Sep 10, 2025
Invested : Sep 18, 2025

Sector

Commercial Banking - General

Project Description

 The proposed investment entails IFC’s subscription to a Green Bond of up to US$100 million to be issued by DenizBank A.S. (“DenizBank” or “the Bank”), with the total bond issuance size expected to be up to US$275 million. DenizBank will use the bond proceeds to expand its green finance-eligible loan portfolio, specifically targeting corporate and commercial borrowers as well as small and medium enterprises (SMEs).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation