FMO backs Turkey's Garanti Leasing with €30M green facility

What's the deal? Dutch development bank FMO is providing a €30 million ($35 million) senior unsecured facility to Garanti BBVA LeasingDealroom has a profile for this one. Try Dealroom →, the Turkey-based leasing firm. The debt facility, announced in August 2026, is earmarked for green projects, small and medium-sized enterprises, and equipment financing.

Who's behind it? FMO, the Netherlands Development Finance Company, is the sole backer of the facility. The funding is structured as senior unsecured debt.

What's the endgame? Garanti BBVA Leasing will fully allocate the facility to finance qualifying projects. The green mandate aligns the capital with sustainability-focused lending and support for smaller businesses.

The signal: The facility marks a quick re-raise for Garanti BBVA Leasing, underlining continued development-finance appetite for Turkey's green and SME sectors despite a challenging macro backdrop.

Read more: crowdfundinsider.com

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