TKYB CEO Oztop: Uninterrupted Funding in H2 2024, Green Energy and AI at the Forefront

Turkey Development and Investment Bank (TKYB) CEO Ibrahim Oztop stated that the bank foresees no funding constraints in the second half of the year and is accelerating investments in green energy and artificial intelligence.

Global Monetary Policy Spillovers to Turkey

■IMF projects global growth for 2026 at around 3%.

■Central banks' tight monetary stance driven by inflation keeps global rates elevated.

■In Turkey, the CBRT's high‑interest policy curtails growth momentum.

TKYB's Funding Portfolio and Strategic Priorities

■In the first six months, the bank secured roughly $1 billion from four different institutions: World Bank, Japan Development Bank, European Investment Bank, Asian Development Bank.

■Dedicated funds target green energy, carbon emission reduction, and earthquake‑affected regions.

■Risk premium sits at 5%, ensuring smooth credit access.

Sectoral Drivers: Renewable Power and AI

■Renewable projects face 1‑2 year licensing delays, yet demand remains robust.

■Artificial intelligence integration boosts operational efficiency and fuels FinTech collaborations.

■Medium‑to‑long‑term loans are concentrated in energy and AI sectors.

Financial Health and Liquidity Outlook

■Loan portfolio stands at TL 126 billion, with assets around TL 215 billion.

■Net profit for the first half reached TL 5 billion.

■Credit availability and liquidity conditions are stable in the current market environment.

Fatih Kılıç: TKYB's diversified funding sources and green‑energy‑focused lending strategy provide a risk‑adjusted framework aligned with Turkey's sustainable growth objectives. While a high‑global‑rate backdrop may dampen private capital flows, the bank's strong ties with international development institutions preserve liquidity and act as a catalytic force for sectoral transformation.