PROJECT

Projects

Summary of Investment Information

Project Number

51261

Company Name

SEKERBANK TAS

Date SPI Disclosed

Sep 29, 2025

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Jun 23, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Oct 1, 2025

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Jun 23, 2025
Signed : Sep 23, 2025
Invested : Sep 29, 2025

Sector

Commercial Banking - General

Project Description

The proposed investment is a senior unsecured sustainability MSME loan of up to US$100 million to Sekerbank T.A.S. (“Sekerbank” or “the Bank”), a long-standing IFC partner in Türkiye, to support the expansion of the Bank’s sustainability lending program to Micro, Small, and Medium Enterprises (MSMEs). The use of proceeds will be allocated to the following sub-segments: women-owned MSMEs (WMSMEs), Agri MSMEs, climate financing for MSMEs, and MSMEs in rural areas.                                                   

Associated Advisory Engagement

Sekerbank and IFC have been exploring potential advisory services to enhance the Bank’s sustainability lending to MSMEs through capacity-building.                                             

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation