10 Billion Lira Financing Package from VakıfBank and Zero Waste Foundation
With the new package prepared to facilitate the transition of institutions to the circular economy, many sectors such as manufacturing, textiles, and recycling will be supported.
VakıfBank, in cooperation with the Zero Waste Foundation, has launched the Circular Value Financing Package targeting 10 billion liras in financing to support the transition of companies and public institutions to the circular economy.
Scope of the Circular Value Financing Package
The Circular Value Financing Package, implemented in partnership with VakıfBank and the Zero Waste Foundation, aims to reach over 500 institutions and projects in the first phase, providing a total of 10 billion liras in financing.
Loan Maturities and Financing Limits
Within the scope of the package, loan terms of up to 60 months for up to 50 million liras for investment loans, up to 120 months for large-scale projects, and maturity options of up to 24 months for up to 10 million liras for working capital needs are offered.
Sustainable Financing and International Resources
VakıfBank General Manager Osman Arslan announced that 7.1 billion dollars of resources were secured from international markets in the first half of 2026, and the share of sustainable financing rose to 38 percent.
KGF Guarantee Support and Sectoral Distribution
A 3 billion lira KGF guarantee support is provided for the initiative, which covers the manufacturing, plastics, packaging, textiles, automotive supply industry, machinery, electronics, retail, waste management, and recycling sectors.