QNB FINANS FINANSAL KIRALAMA A.S.
Who is our client
Our client is Finans Leasing, a subsidiary of QNB Finans Bank.
Renewable Energy/Energy Efficiency (100% green line)
Why we fund this project
We support a professional player in the Turkish leasing sector, which we provide long-term funding in local currency (TRY) with a sizable and fast growing portfolio of renewable energy/energy efficiency projects.
Environmental and social rationale
The client has been categorized as Category B in accordance with FMO’s Sustainability Policy. The client is a leasing company and it’s activities are deemed to have potential limited adverse environmental and social risks and/or impacts. As part of the transaction, Finans Leasing will be required to apply the EDFI Exclusion List and Turkish E&S laws and regulations.
|Date||Total FMO financing|
|6/1/2018||TRY 159.60 MLN|
- Website client
- Europe & Central Asia
- Financial Institutions
- Signing date
- Total FMO financing
- USD 35.00 MLN
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C)