TSKB Marks the Start of 2025, Its 75th Year, with Development-Focused Loan Growth and Robust Financial Results
TSKB announced its financial results for the first quarter of 2025. The Bank’s non-consolidated financial statements indicate that its total asset size reached TL 259.8 billion. The Bank's loan portfolio reached TL 190.2 billion thanks to a 5.4% growth on a currency-adjusted basis. Additionally, its return on equity stood at 33%, outperforming the sector average. This robust financial performance marks a strong start to 2025, a milestone year in which TSKB celebrates its 75th anniversary. TSKB simultaneously improved its strong asset quality, with 93% of its loans being linked with Sustainable Development Goals (SDG) and almost 60% is climate and environment focused loans. TSKB CEO Murat Bilgiç commented on the financial results. "For 75 years, we have continued to create a lasting economic, environmental, social and cultural value while simultaneously serving Türkiye's multi-dimensional development with a focus on sustainability. In 2025, in line with our mission and goals we have declared, we will keep playing an active role in transforming the future through our uninterrupted support to Türkiye's strategic development areas, our innovative funds and our long-term projects that bolster Türkiye's development potential."
TSKB started 2025, its 75th anniversary, with strong financial results. The Bank’s non-consolidated financial statements demonstrate that its total asset size reached TL 259.8 billion in the first quarter of 2025. In this period, the Bank expanded its loan portfolio by 5.4% on a currency-adjusted basis to TL 190.2 billion. TSKB generated a net income of TL 3.1 billion and a return on equity of 33% for the period. The Bank's capital adequacy ratio was 22.6%, well above the sector as well as legal limitations. In the first quarter of the year, TSKB upheld its mission and continued to finance projects focused mainly on Sustainable Development Goals (SDGs), providing over USD 600 million in long-term financing for, inter alia, climate finance, renewable energy and women's employment, which all contribute to Türkiye's sustainable development.
In this period, the Bank signed off on yet another deal with an international development finance institution and secured a EUR 50 million loan from the OPEC Fund (OPEC Fund for International Development) to finance renewable energy, energy efficiency, climate adaptation, climate-related equipment production and circular economy investments. The funds obtained by the Bank through an on-lending arrangement with the Ministry of Treasury and Finance of the Republic of Türkiye, marks the first collaboration between TSKB and the OPEC Fund.
In this period, as a trailblazer launching numerous practices in the Turkish banking sector, TSKB published its 2024 Integrated Annual Report, the first report in compliance with the Turkish Sustainability Reporting Standards (TSRS). The title of the report is ‘75 Years of Transforming the Future: The Past, Present and Future of Development’. This was also the first report globally audited under IFRS S1 and S2 Standards by the International Sustainability Standards Board (ISSB).
In this period, the Bank emerged as the only bank from Türkiye to make the ‘Global 100’ list by the Corporate Knights, headquartered in Toronto. TSKB was the only Turkish bank among the 10 global banks on the list. The Bank keeps securing a place in prestigious lists thanks to its innovative sustainability projects and activities as well as its sustainable value creation model.
Ever-growing social impact in the 75th year
Celebrating its 75th anniversary in 2025, TSKB continues to support quality education through the ‘TSKB 75th Year Kindergarten’ project in the wake of the ‘11 Libraries in 11 Provinces’ project launched after the earthquakes in 2023.
Having launched 9 libraries in 2 years as part of the '11 Libraries in 11 Provinces' project, the Bank will honor its commitment in the first half of the year with the TSKB 100th Anniversary Republic Libraries to be shortly opened in Malatya and Elazığ. The ‘TSKB 75th Year Kindergarten Project’ aims to support preschool education, the most important stage in children's cognitive and emotional development. The Bank opened its first kindergarten class on February 14 at Kilis Öncüpınar Primary School. Throughout 2025, when the Bank celebrates its 75th anniversary, the Bank will expand its contribution to quality education by opening kindergarten classes in various provinces with a need.
