VakıfBank Secures $1.2 Billion Syndicated Loan for Sustainability Initiatives

VakıfBank has successfully secured a $1.2 billion sustainability-themed syndicated loan with participation from 44 banks across 18 countries, achieving a renewal rate exceeding 110%. The funding, comprising $484 million and €574 million, will support export, employment, technology, and digital transformation projects in line with the bank's development-focused vision.