VKF_FRAE_2017

53 VakıfBank Annual Report 2017 In 2017, VakıfBank rolled out the Strong Exporter/Importer Opportunity and Transfer (GİFT) packages, which provide special offers to foreign trade companies. VakıfBank, in line with CBRT’s Export and Foreign Currency-Yielding Rediscount Loans Application Regulation, mediated in CBRT Rediscount Loan allocations to export companies, manufacturing export companies, and companies manufacturing goods destined for exports, to finance their pre-shipment and post-shipment export and foreign currency- yielding services. »» PROJECT FINANCING With its vast know-how and experience in the field, VakıfBank continued in 2017 to meet the financing needs of commercial customers arising from their investments and projects. By providing the funds obtained from the EIB and the World Bank as investment and operating capital to commercial customers, the Bank diversified its financial solutions on offer. As such, the volume of project finance loans provided by the Bank to commercial customers rose 9.45%, and a further contribution was made to the development of the national economy and the real economy in 2017. VakıfBank focuses on eco-friendly and sustainable development which minimizes the adverse effects of global climate change, and is featured in the Borsa İstanbul (BIST)’s sustainability index. In line with this mission, the Bank continued to provide loans at exclusive conditions to commercial customers in the fields of energy efficiency and renewable energy projects. Via its modernized IT infrastructure, wide- spread branch network, specialized and dynamic personnel, the Bank continues to offer financial solutions suited to customer needs. In 2018, the Bank will retain its broad-based growth, and aim at becoming the business partner and main bank of its commercial customers. Committed to sustainable development, VakıfBank continued in 2017 to provide loans under advantageous terms to its commercial customers in the fields of financing energy efficiency and renewable energy, in line with this mission.