Business · Companies · 11 hrs ago
Turkish state banks expand green transition finance for small businesses
Three Turkish state banks pledged more green finance for small businesses at a COP31 panel in Antalya.
Small and medium-sized businesses are under pressure to change how they produce as global trade increasingly takes environmental performance into account.
Ziraat Bank said it offers a Green Export Loan for small businesses and has announced a package for industrial zones and the firms in them.
Halkbank has made a sustainability package worth about 100 billion lira available to customers, covering investments across 31 areas.
Ziraat Bank also said it used $2.9 billion in sustainability-linked syndicated financing this year and would sign for $2 billion in new sustainability-linked funds at COP31.
The banks said their support for business transition would grow, as smaller firms are an important part of production, jobs and larger companies' supply chains.
Turkey’s state-owned Ziraat Bank, Halkbank and Vakıfbank said they would continue expanding support for small and medium-sized businesses’ green transition.
Bank representatives discussed access to green finance at a panel during the COP31 climate conference in Antalya.
Halkbank said it had made a Sustainable Transformation Package worth about 100 billion Turkish lira available to customers.
Ziraat Bank said it had launched a Green Export Loan for small businesses and used 2.9 billion dollars in sustainability-related syndicated financing this year.
The conference was due to continue until November 20.
- Who
- Ziraat Bank, Halkbank and Vakıfbank, Turkey’s state-owned banks.
- What
- The banks said they would expand financing support for small and medium-sized businesses pursuing a green transition.
- When
- The panel took place during COP31. The article was published on November 13, 2026.
- Where
- Antalya, Turkey.
- Why
- Businesses, including small and medium-sized firms, need to adapt to green transition requirements and changing global trade rules.
This story does not have two clearly opposing sides.
Sabah published its report on the banks’ green-transition financing support.
Bank representatives discussed green finance and businesses’ access to funding at a panel in Antalya.
COP31 was scheduled to continue.
- Banks
- Ziraat Bank, Halkbank and Vakıfbank
- Panel venue
- Antalya, Turkey
- Halkbank package
- About 100 billion Turkish lira
- Ziraat syndicated financing
- 2.9 billion dollars this year
- Conference
- COP31, scheduled to continue until November 20
What people are saying
Transformation is now inevitable.
Access to finance for SMEs, the building blocks of production and employment, and spreading transformation to the grassroots are important duties for us as public banks.
We made the Sustainable Transformation Package, worth about 100 billion TL, available to our customers.