Development and Investment Bank of Türkiye’s Total Assets Reach TRY 160 Billion

Development and Investment Bank of Türkiye disclosed its financial results for the first three months of 2025 on the Public Disclosure Platform (KAP). In the first quarter of 2025, the Bank increased its total assets by 13.3% year on year to TRY 160 billion.

The loan portfolio rose by 17.6% year on year to TRY 102.4 billion, while the ratio of gross non-performing loans to total loans, an important indicator of asset quality, remained at 0.70%. The Bank’s average return on equity stood at 37.1%, while net profit increased by 70% year on year to TRY 1.8 billion.

We Continue Supporting Employment Through International Cooperation

Stating that Development and Investment Bank of Türkiye continued to maintain strong relations with international financial institutions in 2025, TKYB CEO İbrahim Öztop said: “We continue our efforts to strengthen the earthquake-affected region economically and socially. In this context, the second Formal Employment Creation Project has been approved by the World Bank’s Board of Executive Directors. Under the project, the World Bank will provide our Bank with USD 500 million in financing under the guarantee of the Republic of Türkiye Ministry of Treasury and Finance. The resource is intended to meet the investment and working-capital financing needs required to preserve employment and create additional jobs at businesses operating in 11 provinces affected by the Kahramanmaraş-centred earthquakes and seven neighbouring provinces. By providing long-term financing to SMEs and large enterprises in the region, we will contribute to sustainable economic recovery.”

We Continue Our Investment Banking Activities Effectively

Stating that the Bank effectively maintained its capital-markets advisory activities during the first quarter of 2025, Öztop said: “As a Bank, we continued contributing to the deepening of capital markets by resolutely maintaining our investment banking services for both the private and public sectors. Within the scope of the privatisation process for certain commercial ports and marinas owned by Turkish Maritime Enterprises Inc. (TDİ), the tender for Kalamış Marina was completed and the operating rights were successfully transferred on February 5, 2025. In addition, we successfully completed Kalyon Güneş Teknolojileri’s TRY 3.26 billion initial public offering as lead institution. This transaction once again demonstrated our contribution to renewable energy and our active role in the capital markets. We also successfully completed a TRY 150 million sukuk issuance through Kalkınma Yatırım Asset Leasing Inc. on behalf of Tarfin Tarım A.Ş. to support the financing of sustainable agriculture. While reinforcing our leading role in the use of alternative financing instruments, this transaction contributed to the sustainable growth of the agricultural sector. We will continue strengthening our cooperation in sectors of strategic importance to our country’s development, including green energy and food.”

TKYB Fund of Funds Makes Its First Investments

Emphasising that the Bank continued supporting entrepreneurs under the Türkiye Development Fund, Öztop said: “In the first quarter, we made our first investments through the TKYB Fund of Funds, established with contributions from the Republic of Türkiye Ministry of Treasury and Finance and our Bank, in Mediterra Capital’s third private-equity fund and Revo Capital’s third venture-capital fund. Through these funds, which also include various international development finance institutions as investors, SMEs and innovative ventures operating in Türkiye will be supported through equity investments.”

Öztop added: “The total resources transferred to the entrepreneurship ecosystem by the Türkiye Development Fund have reached USD 53.4 million, comprising USD 20.4 million for 29 direct investments, USD 23.4 million for seven fund investments and approximately USD 9 million for 350 TÜBİTAK BiGG ventures. In the period ahead, the Türkiye Development Fund will continue contributing to the development of the entrepreneurship ecosystem through its central position and the strong relationships it has established with its stakeholders.”

Sustainability-Themed Loans Account for 96% of Our Total Portfolio

Stating that the Bank continued its investments in line with Türkiye’s sustainable development objectives, Öztop said: “We are proud to have taken our strong sustainability performance one step further. Our sustainability-themed loan portfolio has passed an important threshold, accounting for 96% of our total loan portfolio. Renewable energy and energy-efficiency-themed resources account for 61% of the resources we have secured. In addition, we achieved significant international recognition by receiving the ‘Best Development Bank for Sustainable Finance’ award in the Central and Eastern Europe region as part of the 2025 Sustainable Finance Awards. All these developments are a clear reflection of our commitment to our sustainable development mission and the tangible steps we have taken in this direction.”