PROJECT

Projects

Summary of Investment Information

Project Number

50494

Company Name

TURKIYE IS BANKASI ANONIM SIRKETI

Date SPI Disclosed

Jul 1, 2025

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Feb 28, 2025

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Jul 10, 2025

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Apr 30, 2025
Signed : Jun 30, 2025
Invested : Jun 30, 2025

Sector

Commercial Banking - General

Project Description

The proposed project comprises an IFC investment of up to US$100 million in the inaugural issuance of DNNs with five-year maturity of Türkiye Is Bankasi A.S. (Isbank or the Bank), an existing IFC client and the largest private bank and the third largest bank in Türkiye to increase access to finance for small business and retail segments in the eleven provinces impacted from the February 2023 earthquake in Türkiye (Earthquake Region) (the Project).

The Project will include an unfunded credit insurance of up to US$50 million under Managed Co-Lending Portfolio Program (“MCPP”) FIG III, resulting in IFC net exposure of up to $50 million under the new mobilization guidelines. 

Associated Advisory Engagement

 Not Applicable 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation