45
PART I: INTRODUCTION
–
–
VakıfBank continued to provide its full
support to SMEs which are members of
Chambers of Industry and Commerce in
2015. To this end, partnership protocols
were signed with Chambers of Industry and
Commerce in cities from all regions including
Malatya, Zonguldak and Elazığ, and in the
scope of these protocols, long-term financing
facilities with maturity terms of up to seven
years were offered to chamber members
under exclusive conditions.
–
–
In the first quarter of 2015, VakıfBank met
the cash needs of SMEs arising from their
operational activities via the SME Winter
Loan without Documentation Fee, which has
no documentation fee and comes in five
different repayment options to SMEs.
–
–
For its 61
st
Anniversary, VakıfBank provided
SMEs with the 61
st
Anniversary Loan that is
available with 60-month terms at affordable
interest rates and includes a documentation
fee of only TL 61. For the cash needs of
SMEs, the Bank also provided the “Summer
Loan Campaign” with options including the
3-month grace period at flexible interest
rates, installment deferrals up to four
installments in total and flexible payment
plans with installments.
–
–
The “Hesap Ortada Loan Campaign” was
developed to support the unexpected
financial needs of SMEs in interim periods.
With this campaign, SMEs were offered
various loan opportunities with interest rates
starting from 0%.
NEW PRODUCTS WERE DEVELOPED
–
–
By taking as pledge Electronic Product Notes
(ELÜS) -a legal instrument which ensures the
representation of agricultural products, and
can be given as pledge- VakıfBank extends
spot loans called ELÜS Spot Loan to real and
legal persons such as SMEs and commercial
firms holder of the said product notes, in
order to meet their financial needs.
–
–
VakıfBank continues to secure cost-effective
facilities from abroad and present them
to the use of SMEs. In this scope, funding
amounting to EUR 100 million provided by
the European Investment Bank was allocated
for the use of Turkish SME, commercial
and corporate firms to help them meet
their finance their operations, exports and
investments, under the name EIB-Funded
Operating, Export and Investment Loan-2.
USD 95 million secured from the European
Bank for Reconstruction and Development
was allocated to meet the financing needs
of agriculturalists and firms in the agricultural
value chain in the form of TURAFF Agricultural
Enterprise Financing Loan. Furthermore,
EUR 200 million obtained from the German
Development Bank (KfW) was presented to
Turkish SMEs in order to meet their financing
needs, under the name of KfW-Funded
Operating and Investment Loan.
–
–
In order to ensure that SMEs can access free-
of-charge all VakıfBank products and services,
up-to-date financial data, the calendar of
national and international fairs, and other
useful information on grants, investment
subsidies and supports, the web site www.
vakifbankkobidost.com.tr was put to the use
of SMEs.
OBJECTIVES FOR 2016
VakıfBank shall continue to support its
SME customers in 2016. As SMEs’ needs
diversify in the face of changing market
conditions, the Bank is keen on becoming
the best service provider by keeping a close
watch on the market and SMEs. To this
end, VakıfBank plans to offer new financial
and non-financial products and services to
the use of SMEs in 2016. In order to offer
financing at affordable rates to SMEs, the
bank will continue to secure credit facilities
from international financial institutions. In
addition, by means of latest technological
advancements, the Bank will contribute
to Turkey’s transition to an information
society by offering technologically
beneficial products and services to SMEs.
SME BANKING
NUMBER OF CUSTOMERS
238,299
In 2015, the number of our
SME Banking customers
reached 238,299.
