50 billion in financing from the Foundation

VakıfBank announced a 50 billion TL financing package aimed at green and digital transformation investments, unveiled ahead of the COP31 climate summit. The program, called the "Value for the Future Package," will offer 12 financing products to small and medium-sized enterprises (SMEs). The move matters because it directs a large pool of bank funding toward sustainability and digitization projects, with SME access as the centerpiece. What to watch next is how quickly the 12 products are rolled out and how much of the 50 billion TL is actually drawn down by SMEs.