Reference: VakıfBank Public Disclosure Dated December 16, 2025
It was announced that the World Bank Executive Board had approved total amount of EUR 1.5 billion funding transaction with a 10-year maturity, backed by a 50% partial guarantee from the International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group.
Within the scope of the "Access to Finance for Employment and Growth Project in Türkiye", a loan agreement amounting to EUR 1.5 billion with a 10-year maturity has been signed, under the counter-guarantee of the Republic of Türkiye Ministry of Treasury and Finance and the partial guarantee of the International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group, with the participation of Santander, BNP Paribas, Standard Chartered and ING. The agreement aims to increase access to finance and employment for micro, small, and medium-sized enterprises (MSMEs) across Türkiye, particularly women and young entrepreneurs and to support economic recovery in regions affected by the earthquake.
According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.