Turkey’s Ziraat Bank Attracts Strong International Interest for Green-Focused Financing

Ziraat Bank, one of Turkey’s largest state-owned lenders, announced on Thursday that it has secured a sustainability-themed syndicated loan worth $1.75 billion, structured in two tranches: $850 million and €789 million.

The syndicated facility attracted participation from 69 banks across 29 countries, signaling robust international investor confidence in Turkey’s foreign trade and green investment potential.

Loan Features Lower Rates and Global Participation

In a statement, Ziraat Bank noted that the cost of this year’s loan facility is significantly lower than the previous year’s. The bank achieved a 90 basis-point reduction in interest rates compared to the same period in 2024—despite continued geopolitical and financial market volatility.

“The syndicated loan provides a clear cost advantage amid global uncertainty and showcases the global banking sector’s continued trust in Ziraat and the Turkish economy,” the statement read.

Focus on Foreign Trade, Sustainable Agriculture, and Real Sector Growth

Proceeds from the loan will be directed toward:

• Foreign trade financing

• Sustainable agricultural initiatives

• Investments in the real sector

The bank’s sustainability-linked approach reflects a broader push by Turkish financial institutions to align with ESG (Environmental, Social, and Governance) standards while expanding their role in climate-resilient development and trade financing.

As Türkiye seeks to strengthen its global trade footprint and transition to a greener economy, syndicated loans like Ziraat’s serve as pivotal tools in maintaining financial resilience and sustainable growth.