Yapi Kredi Leasing started 3 different fund agreements in order to support and reduce the cost and power consumption of SME’s (Small and Medium Enterprises); since they are financially affected by the Covid-19 pandemic.
According to the statement of the Yapi Kredi Leasing, the first fund is offering 2 years of no payments, 5 year payment plan and $50 million is provided by International Finance Corporation (IFC) and is expected to be used for the SMEs energy efficiency and renewable energy investments also will be used for financing other investments and maintaining the employment level of negatively affected businesses in the sector due to the pandemic.
The second fund offering 2 years of no payment, 5 years payment plan and €30 million is provided by European Fund for Southeast Europe (EFSE) and is planned to financially support the SMEs so that they can carry on activities during the pandemic. The last fund offering 2 years of no payment, 5 years payment payment and €20 million is provided by Green for Growth (GFG) and will be used in order to help the businesses to reduce their costs, energy consumptions and carbon dioxide emissions.
‘’We maintain our environment-friendly attitude & the health of the society’’
Fatih Torun, the general manager of Yapi Kredi Leasing, stated:
‘’ We are closely following the pandemic improvements and our priorities are protecting the health of the society, our employees and customers; also maintaining our continuous service. The SMEs cover an important place in the economics; in this sense, we correctly determine the needs of these businesses, present appropriate solutions and continue to meet SMEs needs via our international fund sources. We support SMEs via funds that we provided via IFC and EFSE, against the effects of the pandemic.
We keep our environment-friendly attitude while financially supporting the businesses. We will help future generation businesses to reduce their carbon dioxide emissions, energy consumptions and costs via our loan agreements with GGF and IFC; these loan agreements are based on creating sustainability. Yapi Kredi Leasing, it’s customers, business partners and pioneer attitude will keep contributing to the country also in the future.’’
source: AA / translated by Bazaar Team