The Presidency of Defense Industries (SSB) of the Republic of Turkey continues to expand support mechanisms for suppliers operating in the sector. The latest step implemented in this context is the financing support model created in cooperation with Kuveyt Türk Participation Bank.
The “Presidency of Defense Industries and Kuveyt Türk Financial Leasing and Operation Program Introduction Ceremony” held at the SSB on April 22, 2025, brought together leading names in the sector. The ceremony was attended by the President of Defense Industries Prof. Dr. Haluk Görgün, Kuveyt Türk Participation Bank Board Member and General Manager Ufuk Uyan, senior executives of the Turkish Armed Forces Foundation (TSKGV) companies and many sector representatives.
SSB Emphasizes Strong Support to Suppliers
Making important statements at the introductory ceremony, President of Defense Industries Prof. Dr. Haluk Görgün stated that the Financing Model with Guarantee Companies and the Financing Model Based on Orders and Contracts, which were launched towards the end of 2024, as well as the SSB Financial Leasing Support Program, which was implemented in February of this year, are continuing successfully.
President Görgün stated that over 900 companies have applied to the programs in question to date and that a total of 5.7 billion TL of resources have been used. Görgün, who expressed the satisfaction of SMEs in particular with these new models that have been put into operation and the support mechanisms provided, emphasized that as the SSB, they regularly meet with defense industry companies and can produce rapid solutions to incoming demands.
Financial Infrastructure Will Be Strengthened with the New Model
Prof. Dr. Haluk Görgün, who touched on the importance of the new financing model implemented today, said that thanks to this model, suppliers will be able to create stronger financial infrastructures and implement their projects more effectively. “With our Presidency of Defense Industries Kuveyt Türk Financial Leasing and Business Financing Program; we will provide financing support for machinery and equipment and business financing support to manufacturing businesses operating in our sector,” he said.
Görgün emphasized that these steps were strategic steps taken to secure not only today but also tomorrow, and thanked the Ministry of Treasury and Finance, the Central Bank and all public and private banks included in the program for their unwavering support from the beginning. He stated that the growing and strengthening defense industry will continue to work towards the future of the country with confident steps.
Support from Kuveyt Turk to National Technology Move
Kuveyt Türk Board Member and General Manager Ufuk Uyan stated in his statement regarding the signed protocol that they, as Kuveyt Türk, took an important step in order to support Türkiye’s vision of having a say in the field of high technology on a global scale and to strengthen the production capacity of the defense industry. He stated that with this cooperation that will directly contribute to the real economy in line with the principles of participation finance, they will provide the machinery, equipment and business financing support that manufacturing companies need under suitable conditions.
Uyan emphasized that the fact that companies with EYDEP (Industrial Competency Assessment Program) certificates will benefit from this program is also valuable in terms of encouraging systematic development. “I hope that this model, which will further strengthen the National Technology Move in the field, will be beneficial to the sector,” he said.
Program Scope and Application Details
Within the scope of the program, which was created to support the investments of SMEs or non-SMEs (corporate) companies, new and unused machinery and equipment can be provided through leasing (financial leasing) loans, and business financing needs can be provided through business loans. The total financing size of the program was determined as 500 million euros, including 100 million euros of financial leasing and 600 million euros of business financing. Applications can be made to Kuveyt Türk Participation Bank branches until December 31, 2025. This new support model is expected to make significant contributions to the increase in production capacities and faster implementation of projects by facilitating financial access for companies in the defense industry ecosystem.
