Disclosures
2025
Türkiye Wealth Fund Signs International Club Loan Agreement with a Consortium of Chinese Banks
Türkiye Wealth Fund signed a two-year international club loan agreement with a consortium of Chinese banks, in line with its strategic objectives of deepening financial markets and supporting the development of capital markets in Türkiye
Türkiye Wealth Fund General Manager Arda Ermut Meets with Members of the Press
Türkiye Wealth Fund (TWF) General Manager and Board Member Arda Ermut and Deputy General Manager (CFO) Dr. Mahmut Kayacık came together with economy journalists in Istanbul and shared TWF’s global position, portfolio structure, and priorities for the upcoming period.
Türkiye Technology Fund’s Commitments to Türkiye’s Startup Ecosystem Top USD 100 Million
Launched by Türkiye Wealth Fund (TWF) to support the country’s startup ecosystem, the Türkiye Technology Fund (TTF) has committed more than USD 100 million to over 10 funds in just two years.
Significant Contribution from TWF to the Economy and Capital Markets
Türkiye Wealth Fund has taken a strategic step highlighting the resilience of Türkiye’s banking sector and the increasing depth of its capital markets by successfully completing the offering of 1.53% of VakıfBank shares—out of its 74.79% stake—to international investors, reaffirming foreign investors’ confidence in Türkiye.
Record Demand for Türkiye Wealth Fund’s Eurobond Issuance
Türkiye Wealth Fund (TWF) completed its new $1 billion Eurobond issuance with record-breaking investor demand. The transaction was executed in Reg S format, targeting investors outside the United States, and was offered in two tranches with maturities of 5.5 years and 10 years.
Türkiye Wealth Fund Secures USD 600 Million Long-Term Murabaha Financing
Türkiye Wealth Fund (TWF) has taken another strategic step toward strengthening its role in global Islamic finance—a market estimated to reach USD 5 trillion by the end of 2024—while continuing its mission to deepen and diversify Türkiye’s financial markets.
TWF Sustains its International Success in Governance and Sustainability
Türkiye Wealth Fund (TWF) has once again been recognized among the top five sovereign wealth funds that achieved the highest score increase in this year’s Global SWF GSR (Governance, Sustainability, Resilience) ranking — maintaining its strong momentum from last year.
Acquisition and Merger of Public Insurance and Pension Companies Successfully Completed
Türkiye Wealth Fund successfully completes repayment of TRY 6.9 billion financing provided for the acquisition of public insurance and pension companies.
TWF completes early repayment of Türk Telekom loan
Türkiye Wealth Fund (TWF) has successfully completed the refinancing process of the loan it used in 2022 to acquire a 55% stake in Türk Telekom.
TWF successfully completes €1.1 billion syndicated loan without Treasury guarantee
On March 14, 2025, Türkiye Wealth Fund (TWF) successfully secured a syndicated loan of €837 million and $285 million, with a two-year maturity, for the first time without a Treasury guarantee. The transaction, involving 20 banks from 12 countries, reaffirmed international confidence in Türkiye’s economy.
TWF expands financing portfolio with two new deals
Türkiye Wealth Fund (TWF) signed a Murabaha financing agreement worth USD 150 million with Dubai Islamic Bank PJSC on November 29, 2024, with a maturity of five years.