Yapi ve Kredi Bankasi : Yapı Kredi Secures USD 558 Million Under DPR Programme
December 20, 2021 at 06:30 am
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Yapı Kredi Secures USD 558 Million Under DPR Programme
Yapı Kredi obtained a total of USD 558 million of financing under its Diversified Payment Rights (DPR) programme based on future flow transactions. The funding comprises of USD 445 million and EUR 100 million, with the participation of 6 investor banks. The maturities of the transaction vary between 5 and 8 years while approximately USD 340 million of the proceeds will be dedicated to support green, social and sustainable assets in accordance with the Bank's recently updated Sustainable Finance Framework.
You may reach Yapı Kredi's renewed Sustainable Finance Framework at below link.
Yapi ve Kredi Bankasi AS published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 11:29:06 UTC.
Yapi ve Kredi Bankasi AS (the Bank) is a Turkey-based company that provides banking products and services. It operates through the following segments: Retail Banking, which offers card payment systems, consumer loans, commercial installment loans, small medium size enterprises (SME) loans, time and demand deposits, gold banking, investment accounts, life and non-life insurance products as well as payroll services; Corporate and Commercial Banking, which offers working capital finance, trade finance, project finance, domestic and international non-cash loans such as letters of credit and letters of guarantee, cash management and internet banking, as well as Private Banking and Wealth Management, which serves high net worth customers. The Bankâs operations are supported by domestic subsidiaries in asset management, brokerage, leasing and factoring as well as international banking subsidiaries in the Netherlands, Russia, Malta and Azerbaijan.