The "İGE-Akbank Green Transformation Guarantee Support Package", offered in cooperation with Akbank and Export Development Cooperation (İhracatı Geliştirme A.Ş. - İGE), offers SMEs a loan opportunity of up to TL 18.8 million with 80% İGE guarantee support in their green transformation journey.
Stating that the Green Transformation Guarantee Support Package is a first in the industry, Akbank SME Banking Executive Vice President Bülent Oğuz said, "Green transformation is an important opportunity not only for large companies but for all businesses. As Akbank, we would like to walk with our SMEs on their green transformation journey by providing financing with the İGE Guarantee Support." Kasım Akdeniz, General Manager of İGE, said, "Thanks to the guarantee support package we have created within the scope of this cooperation with Akbank, our exporters will gain a significant advantage in increasing their competitiveness in the international market while realizing the investments required for green transformation.
Akbank offers "İGE-Akbank Green Transformation Guarantee Support Package" for SMEs operating in Turkey with the guarantee of Export Development Corporation (İGE). "İGE-Akbank Green Transformation Guarantee Support Package" aims to contribute to the financing needs of SMEs exporting goods and services and to the green transformation process. While İGE guarantee offers a collateral solution to SMEs in credit utilization, Akbank will provide financing support to SMEs in many areas such as renewable energy, energy and resource efficiency, and circular economy with the SME Eco Transformation Package. With the "İGE-Akbank Green Transformation Guarantee Support Package", SMEs will be able to obtain loans of up to TL 18.8 million and up to 24 months with 80% İGE guarantee support in their green transformation journey.
Green Transformation Guarantee Support Package is a first in the industry
Mr. Bülent Oğuz, Deputy General Manager of SME Banking at Akbank, said: "As Akbank, we produce innovative solutions to support the sustainable growth of SMEs. Thanks to our cooperation with İGE, this is the first time in the sector that a guarantee organization and a bank have launched a product hand in hand for green transformation. Previously, there were products created by different guarantee organizations together with all banks, but this product covers only İGE and Akbank as the only bank."
Stating that there are approximately 3.5 million small and medium-sized enterprises in Turkey, Oğuz said, "Thanks to this package, our SMEs will overcome the collateral shortage and will receive a guiding financing support to comply with the new regulations and legislation to be implemented in the international commercial arena. Green transformation is an important opportunity not only for large companies but for all businesses. As Akbank, we want to help our SMEs take advantage of this opportunity."
Kasım Akdeniz, General Manager of İGE, said, "The guarantee support package we have created within the scope of this cooperation with Akbank offers an important solution to finance the additional costs that exporters will face within the framework of the European Green Deal. In this way, our exporters will gain a significant advantage in increasing their competitiveness in the international market while realizing the investments required for green transformation. As İGE, we will continue to be at the center of innovations and developments that will support our exporters and to develop new projects to facilitate access to finance.
SMEs wishing to get more information about the "İGE-Akbank Green Transformation Guarantee Support Package" can apply to Akbank branches.