Ak Finansal Kiralama Anonim Sirketi
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer?
Established in 1988, AKLease is the #6 leasing company in Turkey with 11.8% of market share and operates through 10 branches. It is the leasing subsidiary of Akbank (100%), which is the #3 privately-owned bank in Turkey by assets. AKLease is an FMO client since 2017.
What is our funding objective?
FMO provides a bilateral senior unsecured facility of EUR 40 million. With this facility fully earmarked towards Renewable Energy and Energy Efficiency projects, FMO contributes to further supporting AKLease's ambitions to grow its green portfolio and contribute to a greener economy. The company envisions significant growth in its sustainability linked product ECOLease, as part of its broader environmental objectives.
Why do we fund this investment?
By providing long term financing to AKLease, FMO supports their strategy towards renewable energy and energy efficiency. Through this facility, AKLease will be able to further develop its green portfolio, and also support job creation and retention of micro and SME clients of AKLease, in line with FMO’s mandate.
What is the Environmental and Social categorization rationale?
The client has been categorized as E&S Category B following FMO’s Sustainability Policy. The client is a leasing company and its activities are deemed to potentially have limited adverse environmental and social (E&S) risks and/or impacts. AKLease applies the EDFI Exclusion List and Turkish E&S laws and regulations.
More investments
| Date | Total FMO financing |
|---|---|
| 10/24/2022 | EUR 25.00 MLN |
| 12/4/2020 | USD 25.00 MLN |
| 12/19/2017 | USD 10.00 MLN |
| 12/19/2017 | EUR 32.50 MLN |
- Website customer/investment
- https://www.aklease.com/en/
- Region
- Europe & Central Asia
- Country
- Türkiye
- Sector
- Financial Institutions
- Publication date
- 7/4/2025
- Effective date
- 8/26/2025
- Total FMO financing
- EUR 40.00 MLN
- Funding
- FMO NV
-
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) - B