Industrial Development Bank of Turkey (TSKB.IS)

Overall impact
B (61)

Commentary

Industrial Development Bank of Turkey is a strong overall performer. With a 'B' rating of 61.4 for overall impact (66th percentile compared to all companies), Industrial Development Bank of Turkey ranks 99th out of 180 industry peers, behind Bancolombia, Banco Santander Chile, Itau Unibanco and 95 others, and ahead of Popular, Macro Bank, Grupo Aval Acciones Y Valores and 78 others. On top material causes for Industrial Development Bank of Turkey's industry (Banking), Industrial Development Bank of Turkey performs well in Terrestrial Biodiversity (87.0 score) and Sustainable Use of Natural Resources (95.1) and performs poorly in Arts and Culture Access (39.3 score), Free, Secure Flow of Information (33.6), Reduced Availability of Weapons (39.5) and 1 other cause where it received a 'D' or 'F' score.
Impact
Cause TSKB.IS
Peer rank
Overall impact

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Impact trend

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Company
Employees
689
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Turkey
Share classes
TSKB.IS
TRKYY
ADR
Description
Türkiye Sinai Kalkinma Bankasi A.S. operates as a development and investment bank in Turkey. The company offers corporate loans for renewable energy, industrial investments, energy and resource efficiency, women's employment and equal opportunity, environmental investments, investments in developing regions, research and development and innovation, occupational health and safety, education and health investments, and working capital financing. It also provides project finance for energy generation and power plants, including hydroelectric, geothermal, wind, solar, biomass, and combined cycle natural gas plants; electricity and natural gas distribution projects; mergers and acquisitions; logistics, transportation, and telecommunications; and public - private partnership projects. In addition, the company offers other loan products, such as wholesale banking loans, foreign trade finance, and financial leasing; letter of guarantees/external guarantees/letter of credits; and export/Eximbank endorsement, and country loans. Further, the company provides corporate finance products and services consisting of public offering preparation and brokerage, debt instrument issues, and mergers and acquisitions advisory; derivatives products comprising forward contracts, options, caps and floors, swap transactions, and swaptions; currency exchange, repo, warrant, and foreign derivative transactions; securities loans; brokerage for stock and bonds trading; and portfolio management and investment consulting services. Additionally, it provides financial planning and strategy, feasibility, valuation, and restructuring services, as well as sectoral analysis studies; and technical advisory, real estate appraisal, economic research, and sustainability consultancy services. Türkiye Sinai Kalkinma Bankasi A.S. was incorporated in 1950 and is headquartered in Istanbul, Turkey.
Material causes
Ethos considers the following causes material for Industrial Development Bank of Turkey, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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