- CEO
- Ozan Uyar
- Full Time Employees
- 652
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- Meclisi Mebusan Cad. No: 81 Istanbul Türkiye 34427
- IPO Date
- Dec 16, 2015
- Business
- Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) operates as Turkey's first privately owned development and investment bank, providing specialized corporate banking, investment banking, and advisory services to support sustainable industrial and economic development projects; its core offerings include medium- and long-term corporate loans and project finance for sectors such as renewable energy, energy efficiency, environment, healthcare, education, sustainable tourism, women's employment initiatives, and small-to-medium enterprises (SMEs); investment banking services encompass mergers and acquisitions advisory, public offerings, bond issuances including sustainable sukuk and Eurobonds, treasury products, securities underwriting, brokerage, and structured financing models; advisory services cover project evaluation, economic research, technical support, and sustainability consulting with a focus on UN Sustainable Development Goals (SDGs), environmental and social risk assessment, and industry-specific solutions. Founded in 1950 and headquartered in Istanbul with branches in Ankara and Izmir, TSKB conducts all operations within Turkey, primarily targeting mid-cap and large corporate clients, manufacturers, and project sponsors while channeling funds from global partners to local investments; as a subsidiary within the Türkiye İş Bankası Group, which holds approximately 47.68% ownership alongside Vakıflar Bankası T.A.O. at 8.38% and free float at 43.94%, the bank maintains a strong reputation among supranational institutions including the World Bank (IBRD), European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), Asian Infrastructure Investment Bank (AIIB), KfW, and others, financing 15% of Turkey's renewable energy installed capacity and contributing to 16.2 million tonnes of annual CO2 emission reductions. Recent developments include signing a EUR 300 million loan in October 2025 with BNP Paribas, Standard Chartered Bank, and ING Bank under partial World Bank guarantee as the first phase of a EUR 600 million climate resilience project; providing USD 10 million to SOCAR Fiber in December 2025 for digital infrastructure with AIIB support, USD 40 million to Entek Elektrik in September 2025 for a 99.9 MWe wind farm and energy storage, EUR 80 million to Alarko Agriculture in May 2025 for geothermal greenhouses, USD 350 million 5-year Eurobond issuance in June 2025, USD 200 million loan from AIIB in May 2025, appointment of Ozan Uyar as CEO in July 2025, EUR 75 million loan from EBRD in June 2025, and sustained asset growth to 231.26 billion TRY in 2024 with 30.74% increase and net income of 10,134.60 million TRY, alongside initiatives like the first SDG loan model, sustainable sukuk intermediation, and top Sustainalytics ESG risk rating positioning it first in Turkey and tenth globally among banks.