DEG is strengthening access to long-term, climate-focused finance for small and medium-sized enterprises (SMEs) in Türkiye. Through a new commitment to Yapı Kredi Leasing, DEG supports investments that contribute to both the green and blue transition.

DEG is providing a USD 45 million senior long-term loan to Kredi Finansal Kiralama A.O. (Yapı Kredi Leasing), a leading leasing company in Türkiye and a subsidiary of Yapı Kredi Bank. The investment forms part of a syndication of up to USD 325 million arranged by the International Finance Corporation (IFC).

By working through a local leasing provider, the financing directly reaches the real economy. Leasing solutions are particularly relevant for SMEs, as they enable investments in equipment and technology without requiring high upfront capital.

The financing will support a broad range of climate-related investments, including renewable energy, energy efficiency improvements, and electric mobility. A second focus of the transaction is blue finance. At least 15% of the total volume is earmarked for projects that promote the sustainable use and protection of water and marine resources. Eligible areas include wastewater management, pollution reduction, and activities that support marine ecosystems or more sustainable tourism.

While still an emerging segment, blue finance is gaining importance as water-related risks and opportunities become more visible. For Turkey, this is particularly relevant given increasing pressure on water resources and the economic role of coastal regions.

Overall, the financing is expected to support SMEs in adopting more resource-efficient technologies and practices. This helps reduce greenhouse gas emissions, lower environmental impacts, and strengthen the long-term resilience and competitiveness of the private sector in Türkiye.