• $100M boost: IFC’s five-year loan to QNB Leasing will expand sustainable energy and blue finance initiatives in Türkiye.
• SME support: Small and medium enterprises (SMEs) will gain better access to capital for energy efficiency and renewable energy investments.
• Blue finance push: At least 10% of funds will go toward sustainable water resource projects.

IFC is strengthening Türkiye’s transition to a low-carbon economy by funding QNB Leasing’s sustainable energy and blue finance initiatives. This investment expands access to capital for SMEs—99% of Turkish businesses—helping them modernize equipment and cut energy costs.

The details:

• The $100 million loan will support energy transition financing and blue finance projects, advancing sustainable economic growth.
• QNB Leasing will introduce specialized lending to improve water resource sustainability.
• The leasing model provides an alternative to traditional bank loans, removing collateral and credit history barriers for SMEs.

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What they’re saying:

“At QNB Leasing, we believe that sustainable finance is not just an option—it’s a responsibility,” said Osman Tas, General Manager of QNB Leasing. “This collaboration with IFC represents a significant step forward in our mission to drive Türkiye’s economic growth through smart, sustainable investments. By supporting SMEs, we are fostering innovation, creating jobs, and contributing to a greener future.”

“IFC is committed to helping Türkiye transition to a sustainable, low-carbon economy by mobilizing private capital and introducing innovative financing solutions,” said Momina Aijazuddin, IFC Regional Industry Head, Financial Institutions Group for the Middle East, Central Asia, Türkiye, Afghanistan, and Pakistan. “Our strategic partnership with QNB Leasing will continue to unlock new opportunities for small businesses to thrive, address urgent environmental challenges, and inspire other leasing companies to enhance sustainable financing.”

Big picture:

Türkiye is IFC’s third-largest country exposure, with a committed portfolio of nearly $5.4 billion as of February 2025. This investment reinforces IFC’s role in shaping the country’s financial ecosystem for sustainability and economic resilience.

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