Yapi ve Kredi Bankasi : Yapı Kredi secured sustainability-linked syndicated loan amounting to US$ 755 million
November 03, 2023 at 03:03 am EDT
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Yapı Kredi secured sustainability-linked syndicated loan amounting to US$ 755 million
Our bank signed a sustainability-linked syndicated loan deal comprising of two tranches worth of 359 million US$ and 372.5 million Euros which in total amounting to 755 million US$ with 367 days maturity, consists of participants from 22 countries and 39 financial institutions.
Our sustainability-linked syndicated loan, which includes targets for increasing the volume of loans extended to businesses managed or owned by women and decarbonization strategies in the loan portfolio, is going to be used to support the foreign trade transactions of our customers. Istanbul, 3 November 2023
Istanbul, 3 November 2023
Enquiries:
Yapı Kredi Investor Relations & Yapı Kredi Sustainability
Investor Relations Email: yapikredi_investorrelations@yapikredi.com.tr
Sustainability Email: sustainability@yapikredi.com.tr
Yapi ve Kredi Bankasi AS published this content on 03 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2023 07:02:44 UTC.
Yapi ve Kredi Bankasi AS (the Bank) is a Turkey-based company that provides banking products and services. It operates through the following segments: Retail Banking, which offers card payment systems, consumer loans, commercial installment loans, small medium size enterprises (SME) loans, time and demand deposits, gold banking, investment accounts, life and non-life insurance products as well as payroll services; Corporate and Commercial Banking, which offers working capital finance, trade finance, project finance, domestic and international non-cash loans such as letters of credit and letters of guarantee, cash management and internet banking, as well as Private Banking and Wealth Management, which serves high net worth customers. The Bankâs operations are supported by domestic subsidiaries in asset management, brokerage, leasing and factoring as well as international banking subsidiaries in the Netherlands, Russia, Malta and Azerbaijan.