YAPI KREDI INKS SUSTAINABILITY FINANCE DEAL

Yapi Kredi has signed a EUR 15m finance agreement with the Luxembourg-based Green for Growth Fund (GGF) to be used in energy efficiency and renewable energy projects. Yapi Kredi has also received a EUR 25m loan from the European Fund for Southeast Europe (EFSE) in order to support farmers as well as microand small-sized agricultural businesses. Yapi Kredi is now providing the green finance needed by the real sector with the support of these loans, both of which have a maturity of six years. The bank has also contributed to accelerating the real sector’s transition to sustainable business models.