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posted 3 months ago
Our recent article provides details of the newly implemented Turkish Banking Green Asset Reporting Obligation, which began with a Communiqué published in April 2025. This regulation aims to measure and supervise the contribution of Turkish banks to financing environmentally sustainable economic activities. Key elements include establishing a green asset ratio as the central performance indicator and mandating banks to create specific documentation, classification, and reporting systems. The Banking Regulation and Supervision Agency (BDDK) is granted the authority to oversee and implement this new framework. Ultimately, the obligation is intended to align the Turkish banking system with global sustainability goals by promoting a green transition in the financial sector.
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