Akbank has secured a USD 100 million, five-year senior unsecured loan from the Asian Development Bank (ADB). This transaction marks Akbank’s first loan agreement with ADB, at the same time, represents the first private-sector transaction in Türkiye approved by ADB’s Board. The loan will be allocated to SMEs, women-owned SMEs, and SMEs operating in regions affected by the earthquake and prioritised under an inclusive growth approach. In doing so, Akbank will both enhance women’s access to financial opportunities and provide financing support to regions aligned with inclusive growth objectives. The collaboration with the ADB will further contribute to long-term sustainability by supporting the Akbank Transformation Academy, which is dedicated to enhancing the financial strength of SMEs.
In his statement, Akbank CEO Kaan Gür told: “We view this USD 100 million, five-year financing transaction with the Asian Development Bank as a reflection of Akbank’s vision for inclusive and sustainable growth. By allocating at least 50% of the funds to SMEs that are at least 51% women-owned, and 25% to regions affected by the earthquake and considered as priorities under the inclusive growth approach, we aim to support women’s entrepreneurship and contribute to economic development. This transaction demonstrates Akbank’s commitment to supporting economic growth by expanding financial access through strong partnerships.”