Press Releases and Announcements
Alternatif Bank Enters into a Strategic Cooperation with the Asian Development Bank’s Trade and Supply Chain Finance Program (TSCFP)
Alternatif Bank has further strengthened its role in trade finance by expanding its international collaborations, taking a significant step forward in this field. By joining the Asian Development Bank’s Trade and Supply Chain Finance Program (ADB’s TSCFP), the Bank has achieved a notable first in trade finance.
Having operated in Türkiye with a strong commitment for 34 years, Alternatif Bank continues to strengthen its international partnerships in the field of trade finance. Most recently, the Bank joined ADB’s TSCFP, becoming one of the leading banks in Türkiye to participate in the program.
The partnership was formalized at a signing ceremony held at Alternatif Bank’s Head Office. Through this program, Alternatif Bank aims to provide its clients with faster, more efficient and competitive solutions in trade and supply chain finance, while mitigating political and commercial payment risks in import and export transactions through ADB’s TSCFP guarantees and loans.
ADB's Trade and Supply Chain Finance Program (TSCFP) provides AAA-rated guarantees and loans through over 250 partner financial institutions worldwide. These guarantees help companies diversify trade relationships and navigate new markets, supporting both international and intra-regional trade with developing Asia. In 2025, ADB’s private sector operations supported $5.7 billion in trade.
Continuous support for Turkish companies in foreign trade
Under the program, Alternatif Bank will be able to provide ADB’s TSCFP guarantees in favor of international banks to cover political and commercial payment risks arising from foreign trade transactions. Through this structure, the Bank aims to offer its customers more efficient, faster, and competitive solutions in import, export, and supply chain finance transactions.
This collaboration will contribute to the diversification of Alternatif Bank’s foreign trade products and services, access to new foreign trade clients, the expansion of its international correspondent banking network, and enhanced access to global funding sources. Accordingly, the partnership is expected to ensure uninterrupted support for customers’ foreign trade transactions while increasing the value added to the Turkish economy.
“We are expanding our impact in foreign trade and finance through global partnerships.”
Levent Güven, Executive Vice President responsible for Treasury and Financial Institutions at Alternatif Bank, commented on the collaboration as follows:
“The strong relationships we have built with multinational financial institutions are one of the cornerstones of our foreign trade banking vision. We are a bank that has effectively utilized international trade finance and guarantee programs for many years. Being a pioneering bank in Türkiye and having received numerous awards in this field further strengthens our leading position. We are proud to add the Asian Development Bank to our portfolio of global partnerships in foreign trade finance. Through this collaboration, we aim to support our clients’ foreign trade transactions in a more secure, faster, and more competitive manner, while contributing to the economic development of our country.”
Steven Beck, Director of ADB Trade and Supply Chain Finance Program, commented on the partnership as follows:
“ADB’s Trade and Supply Chain Finance Program (TSCFP) is delighted to be signing its first agreement in Türkiye with Alternatif Bank. This partnership enables TSCFP to bring three tools to help boost trade and development in Türkiye and the region: AAA-guarantees to mitigate the risk of operating in unfamiliar markets with new partners, funding capacity, and deep market knowledge to help boost trade both in existing and new markets. The ADB/TSCFP–Alternatif Bank partnership will support private sector trade-led growth, including opportunities to boost Turkish business in South and Southeast Asia.”