“"Investment Support" Financing Package
The Development and Investment Bank of Turkey (Türkiye Kalkınma ve Yatırım Bankası A.Ş.) will support priority sectors in the New Economic Program with attractive loan conditions through a 18 billion TL “Investment Support” loan sourced from the Central Bank of the Republic of Turkey (TCMB). This “Investment Support” loan, denominated in TL and available up to 400 million TL per firm (excluding exceptional and specialized investment projects), focuses on strengthening investments that reduce imports, support exports, decrease external dependence and the current account deficit, increase employment, and produce high-productivity and high-value-added goods, in line with Türkiye's sustainable development goals. The loan will be used to finance investments with “Investment Incentive Certificates,” prioritizing investments that reduce the current account deficit, create import substitution, and increase exports. The loan will be applied at a fixed interest rate of %7.75, and according to verbal information received from the Development and Investment Bank, investors may also benefit from interest rate support if the Investment Incentive Certificate includes such support.
About the Development Investment Bank: 2018 yılına kadar Türkiye Kalkınma Bankası adıyla hizmet vermekte olan Banka, yeniden yapılandırma sonucu Türkiye Kalkınma ve Yatırım Bankası A.Ş. adını almıştır.T.C. Hazine ve Maliye Bakanlığı’nın %99,08’lik hissesine sahip olduğu Türkiye Kalkınma ve Yatırım Bankası A.Ş. (Kalkınma Yatırım Bankası), ülkemizin sürdürülebilir kalkınmasına yönelik sanayi, turizm, enerji, eğitim ve sağlık gibi reel sektörlerdeki yatırımları finanse etmektedir. Daha fazla bilgi için: https://kalkinma.com.tr/bizi-taniyin/tarihce-statu-ve-sermaye-yapisi
Announcement: https://kalkinma.com.tr/biz-ne-yapiyoruz/proje-finansmani-ve-kurumsal-krediler/yatirima-destek-10-yila-kadar-vadeli-tl-kredisi
Loan application form: https://kredi.kalkinma.com.tr/auth/signin?ReturnUrl=%2F
Who is eligible for this loan?
Investors who meet the following conditions:
- “Making an investment within the scope of the "Investment Incentive Certificate"
- Investing in the Priority Sectors listed below.
Priority Sectors under the Credit Program: In the New Economic Program for the period 2019-2021 Sectors that respond to the needs of Türkiye's development, primarily the following sectors that have been prioritized:
- Energy
- Energy efficiency
- Manufacturing industry
- Machine
- Chemical
- Pharmaceutical products
- Electrical equipment
- Computer
- Electronic
- Optical
- Automotive
- Tourism
- Mining
Loan terms:
- Limit per company: 400 million TL
- The currency in which the loan will be disbursed: Turkish Lira
- Interest rate: %7.75 (fixed rate)
- According to verbal information received from the Development Investment Bank, if the Investment Incentive Certificate includes "Interest Rate Support," the investor will also be able to benefit from interest rate support within the scope of this loan. For more information about the Investment Incentive System and Interest Rate Support: https://www.sanayi.gov.tr/destek-ve-tesvikler/yatirim-tesvik-sistemleri/md0103011615
- Loan term: Maximum 10 years
- Grace period: Maximum 24 months (provided it remains within the loan term)
- Project Evaluation Fee: 5,000 – 25,000 TL
- Loan Disbursement Fee: Maximum %2
- Collateral: Investments under this loan will be evaluated by our credit analysis teams, and any collateral deemed necessary for financing the investment will be requested from investors by the bank.
For more information and questions: (216) 636 87 00
