📋 Tender Overview
Project Number
49408
Company Name
IS FINANSAL KIRALAMA ANONIM SIRKETI
Date SPI Disclosed
Jul 14, 2025
Country
Turkiye
Region
Central Asia and Turkiye
Projected Board Date
Nov 29, 2024
Environmental Category
FI-2 - Limited
Status
Active
Last Updated Date
Department
Regional Industry FIG MCT
Industry
Financial Institutions
Previous Events
Approved : Dec 20, 2024
Signed: Jun 23, 2025
Invested: Jul 10, 2025
Sector
Leasing Services
Project Description
The proposed investment is comprised of a senior unsecured loan of up to US$100 million , consisting of US$50 million for IFC's own account and US$50 million to be mobilized through the MCPP III Program, to Is Finansal Kiralama A.S. ( IsLeasing or the Company ), a subsidiary of Turkiye Is Bankasi A.S. (IsBank) , which is the largest private bank in Turkiye and one of IFC’s strategic clients.
The transaction has a maturity period of 5 years with a 1-year grace period on principal repayment, and features an amortizing repayment structure.
The proceeds of the investment will be used to expand the Company's climate-smart lending, with a 15% carve-out for women-inclusive enterprises and another 15% for blue lease financing.
The proposed investment aims to support the Company's strategic direction to increase its footprint in green financing, including women
