Tag Archives: Türkiye

Garanti BBVA Launches Gender-Focused Sustainable Bond Under International Funding Programme

(IN BRIEF) Garanti BBVA has issued a US $30 million sustainable bond aimed at financing initiatives that advance gender equality and women’s economic empowerment. The bond was issued on 29 June with a tenor of 372 days and is aligned … Read the full press release

BBVA Advances Toward €700 Billion Sustainable Business Target With Strong First-Half Growth

(IN BRIEF) BBVA channeled €82 billion into sustainable business in the first half of 2026, up 38% year-over-year. Of the total amount, €63 billion was linked to environmental activities, including climate change and natural capital, while €19 billion supported social … Read the full press release

Garanti BBVA Moves KGF- and İGE-Guaranteed Loan Applications to Digital Channels

(IN BRIEF) Garanti BBVA has moved its KGF- and İGE-guaranteed loan application processes to digital channels, allowing SMEs and other businesses to apply without visiting a branch. Companies can now apply through Garanti BBVA Mobile and Internet Banking, choose the … Read the full press release

bp, TPAO and ConocoPhillips to Support Next Phase of Kirkuk Oil and Gas Redevelopment

(IN BRIEF) bp and Türkiye Petrolleri Anonim Ortaklığı have agreed terms for TPAO to acquire a 15% interest in BP Energy Company of Kirkuk Limited, expanding the partnership behind the redevelopment of major oil and gas fields in the Kirkuk … Read the full press release

Garanti BBVA Introduces Generative AI Banking Information Experience in Türkiye

(IN BRIEF) Garanti BBVA has launched its banking information app experience on ChatGPT in Türkiye, following BBVA’s earlier rollout of the ChatGPT app experience in Italy and Germany. The app allows users to access current information about Garanti BBVA’s banking … Read the full press release

Garanti BBVA Supports Turkish Exporters Facing CBAM Certificate Price Volatility

(IN BRIEF) Garanti BBVA has launched a new treasury solution to help companies trading with the European Union manage carbon cost risks linked to the Carbon Border Adjustment Mechanism. The solution uses derivative products to help exporters manage potential price … Read the full press release

volenergy AG to Acquire bp’s Mobility, Convenience and EV Charging Operations in Austria

(IN BRIEF) bp has agreed to sell its mobility, convenience and electric vehicle charging businesses in Austria to volenergy AG, supporting its strategy to simplify the company and focus capital on priority assets and markets. The deal includes 250 bp-branded … Read the full press release

BBVA Wins Global Customer Experience and Diversity Awards at Euromoney Awards for Excellence 2026

(IN BRIEF) BBVA has been named the World’s Best Bank for Customer Experience and the World’s Best Bank for Diversity and Inclusion at the 2026 Euromoney Awards for Excellence. The customer experience award recognises BBVA’s strategy of moving from thinking … Read the full press release

Swift’s New Retail Payments Scheme Launches in Spain With BBVA as First Participating Bank

(IN BRIEF) BBVA has become the first Spanish bank to participate from launch in Swift’s new global retail payments scheme, which aims to make international retail payments faster, more transparent, predictable and available 24/7 for individuals and SMEs. The scheme … Read the full press release

DEG Supports 250 MW Renewable Energy Expansion in Türkiye With Financing for Enerjisa Üretim

(IN BRIEF) DEG is providing a USD 80 million loan to Enerjisa Üretim to finance three wind energy projects in Muğla province, southern Türkiye. The projects will have a combined installed capacity of around 250 MW and form part of … Read the full press release

Enerjisa Üretim Wind Projects to Add 250 MW of Clean Energy Capacity With FMO and DEG Support

(IN BRIEF) FMO has committed a USD 100 million loan to Enerjisa Üretim to support the development of three wind power plants in Türkiye’s Muğla province. The financing is part of a broader USD 180 million package under the Friendship … Read the full press release

TOSYALI Secures BBVA Financing for First Phase of 1.4 GW Renewable Energy Programme

(IN BRIEF) BBVA has provided €187 million in Cesce-backed financing to TOSYALI to support the first phase of the Turkish steel group’s solar energy programme in Türkiye. The funding will finance the Osmaniye and Niğde solar projects, which together will … Read the full press release

Garanti BBVA Brings Faster and More Predictable Cross-Border Payments to Customers in Türkiye

(IN BRIEF) Garanti BBVA has become the first bank in Türkiye to join Swift’s new payment scheme as a sending bank, giving retail and commercial customers a faster and more transparent way to make international money transfers. The service allows … Read the full press release

Vodafone Advances Sustainable 5G Networks Through Energy-Efficient Radio Testing at Istanbul Innovation Centre

(IN BRIEF) Vodafone is testing energy-saving 5G technology in Türkiye that uses new radio antennas, next-generation radios and advanced network engineering to reduce power use while maintaining fast and uninterrupted mobile service. The trial has achieved up to 10% energy … Read the full press release

Saab Enters Formal Talks With NATO on Potential GlobalEye AEW&C Acquisition

(IN BRIEF) NATO has selected Saab’s GlobalEye as its preferred future Airborne Early Warning and Control system and will begin formal negotiations for the possible acquisition of up to ten aircraft. No contract has been signed and Saab has not … Read the full press release

New Garanti BBVA Green Bond Supports Water Efficiency and Resilient Farming in Türkiye

(IN BRIEF) Garanti BBVA has issued a €30 million green bond with a maturity of one year and two days to finance sustainable agriculture and climate-adaptation investments in Türkiye. Issued under the bank’s Sustainable Debt Finance Framework, the proceeds will … Read the full press release

European Investment Bank Signs New Agreements With TKYB and Türk Eximbank to Support Turkish Companies’ Green Transition

(IN BRIEF) The European Investment Bank has resumed financing in Türkiye through two €100 million agreements with the Development and Investment Bank of Türkiye and Türk Eximbank, creating a €200 million package to support renewable energy and energy efficiency investments … Read the full press release

thyssenkrupp Concludes 2021 AST Transaction as Arvedi Takes Full Ownership of Terni Stainless Steel Business

(IN BRIEF) thyssenkrupp has completed the sale of Acciai Speciali Terni S.p.A. by transferring its remaining 15% stake in AST to Italy’s Arvedi Group, making Arvedi the sole owner of the stainless steel business. The transaction finalizes the divestment originally … Read the full press release

Henkel Achieves Carbon-Neutral Production at Adhesive Technologies Sites in India and Türkiye Through Full Electrification

(IN BRIEF) Henkel has achieved carbon-neutral production at two flagship Adhesive Technologies sites in the India, Middle East and Africa region, with its Kurkumbh facility in India and Gebkim plant in Türkiye both eliminating Scope 1 and Scope 2 emissions. … Read the full press release

ZF Highlights Technologies to Reduce Operating Costs and Support Safer Public Transportation at busworld Türkiye

(IN BRIEF) ZF will present its latest technologies for sustainable public transportation at busworld Türkiye in Istanbul from June 17 to 19, 2026, highlighting solutions for electrification, safety and digital fleet management. The company will showcase the AxTrax 2 LF … Read the full press release