Halkbank support to women entrepreneurs and SMEs reached ₺603.1

Halkbank’s support to women entrepreneurs, tradesmen and SMEs reached ₺603.1 billion. General Manager Osman Arslan said, “The loans we extended made the real sector breathe.”

As of the end of September 2021, Halkbank increased its asset size by 9.1% compared to the same period of the previous year and reached ₺724.2 billion. Supporting the economic momentum with the financing options it provides primarily to women entrepreneurs, artisans and SMEs, the bank increased its total loans to ₺603.1 billion in the third quarter of the year, an increase of 7.5% compared to the same period last year.


Halkbank General Manager Osman Arslan said, “Within the framework of our country’s economic policy, we have provided significant financial support to all sectors, especially to tradesmen and SMEs. The loans we have extended within the framework of normalization measures have given the real sector a breath of fresh air. As Halkbank, we continued our contribution to the country’s economy by increasing our total loans to ₺603.1 billion in the third quarter of the year.” Arslan underlined that they are one of the important banks that support the Turkish economy with their asset size reaching ₺724.2 billion.


Stating that they carry out works that attract the attention of the public with the advantageous loans provided to women entrepreneurs and the “Producing Women Meetings” organized, Arslan said, “We offered ₺6.4 billion of financing on favorable terms to 67 thousand women from all over Turkey who are engaged in different business lines or are preparing to do so.

With our work, which has turned into one of the biggest projects that provide tangible benefits to the women entrepreneur ecosystem of our country, we have supported both the elimination of the economic effects of the global epidemic and the acceleration of the economic momentum at the regional level. At the end of the first year, we will continue our project with the goal of reaching 100 thousand entrepreneurs and ₺10 billion loan support, and with the ideal of including our women more in economic life.”


Stating that the work on WOMEN’s entrepreneurship once again shows the importance of Halkbank in terms of access to finance for tradesmen, craftsmen and SMEs, Osman Arslan said, “Halkbank is one of the biggest supporters of these elements that form the capillaries of the Turkish economy. The number of tradesmen and craftsmen with loan balances in our bank reached 1.2 million this year, and our loan balance reached ₺76.1 billion.” Arslan said, “We are continuing our leadership journey at full speed in SME banking, which also includes tradesmen loans. We have a market share of 20.7% in the SME loans category, which has reached ₺205.3 billion.”

Source: Sabah / Translated by Irem Yildiz

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