PROJECT

Projects

Summary of Investment Information

Project Number

52013

Company Name

QNB FAKTORING A.S.

Date SPI Disclosed

Feb 20, 2026

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Mar 31, 2026

Environmental Category

FI-3 - No Impact

Status

Pending Signing

Last Updated Date

Jun 30, 2026

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Jun 29, 2026

Sector

Other Non-Banking Financial Institution (NBFI)

Project Description

The proposed IFC investment is for extending an up to aggregate US$80 million senior loan to QNB Faktoring A.S. (“QNBF” or the “Company”), of which – (i) up to US$50 million would be from IFC’s own account and, (ii) up to US$30 million is expected to be mobilized under IFC’s standard B Loan program on a best effort basis. QNBF is expected to use the IFC investment proceeds for supporting its eligible factoring transactions for micro, small and medium enterprises (“MSMEs”). The Project will be processed under IFC’s MSME Finance Platform.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation