Over $9 Billion in Funding for Sustainable Development from VakıfBank
Of the over $9 billion in financing secured by the bank from international markets, $7 billion has been allocated to sustainable development projects.
VakıfBank General Manager Osman Arslan announced that over $9 billion in resources has been secured from international markets since the beginning of 2026, with $7 billion of this amount utilized in areas of sustainable development.
International Resource Raising Activities
VakıfBank General Manager Osman Arslan made significant statements regarding the bank's financing activities at the National Vision in Economy and Finance Summit held at the Istanbul Financial Center. Arslan reported that over $9 billion in resources has been secured from international markets since the beginning of 2026.
Sustainable Development Financing
It was announced that a $7 billion portion of the over $9 billion in resources obtained from international markets was used to finance areas such as employment, entrepreneurship, the reconstruction of earthquake-stricken regions, and green transformation.
Record Transaction with the World Bank
It was recalled that €1.5 billion in funding was secured from the World Bank in May. It was emphasized that this transaction represents the highest-value funding operation conducted with international development institutions in the Turkish banking sector.
Sectoral Distribution of Resources
$1 billion of the $7 billion in sustainability resources provided was allocated to businesses aimed at protecting youth and women's employment, while another $1 billion was dedicated to supporting the access to finance for young and women entrepreneurs.
Investment in Earthquake Zones and the Environment
While $2 billion in resources was transferred to the reconstruction of earthquake and disaster-affected regions, $3 billion was utilized in the financing of eco-friendly investments, green transformation, energy efficiency, renewable energy, and zero-waste projects.
Digital Banking and Transaction Volumes
It was stated that the number of active digital banking users in Turkey has exceeded 129 million. In the first half of the year, over 5.3 billion transactions were conducted via mobile channels, generating a volume exceeding 110 trillion liras, with 98% of banking transactions performed through non-branch channels.
New Investment Package and Environmental Targets
It was noted that a new financing package covering 6 core areas and 93 different types of investments in the fields of zero waste and circular economy has been established.