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As stated by the IFC, the proposed senior loan of up to US$75 million to Deniz Finansal Kiralama A.S. (Deniz Leasing or the Company) aims to support the Company's strategic decision to: (i) increase its footprint in climate leasing operations (including blue leases), including leases to small and medium enterprises (SMEs) and corporate clients and (ii) support women-owned and women-led SMEs (WSMEs).
The Company provides financial leases and operational leases for vehicles fleets to companies, with a market share of 11.4% in terms of leasing assets.
Deniz Leasing is headquartered in Istanbul, Türkiye. It operates through a network of more than 640 branches which are owned by DenizBank and its 11 branches located throughout the whole country. The leasing sub-projects are expected to be located in Türkiye.
As stated by the IFC, Deniz Leasing is wholly owned by DenizBank Anonim Sirketi (DenizBank) and was incorporated in 1997. Its ultimate beneficiary is Emirates NBD Bank PJSC, Dubai. Deniz Leasing is among top tier leasing institutions in Türkiye with a strong and growing market share.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
Emirates NBD | Parent Company | Finance | owns | Denizbank | Parent Company | Finance |
General IFC Inquiries - IFC Communications:
Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384
Financial Intermediary - DenizLeasing:
Berçem Mehmetoglu Kurtbay - Department Head
Phone: +90 212 348 54 45
Email: Bercem.MehmetogluKurtbay@denizbank.com
Address: Büyükdere Cad., Esentepe Mahallesi No: 141, Esentepe-Istanbul, Sisli 34394
Website: https://www.denizleasing.com/en
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org