Journal
WATER INTERNATIONAL
Volume 47, Issue 5, Pages 771-790Publisher
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/02508060.2022.2096251
Keywords
Public water; Turkey; Ilbank; public bank; water and sanitation system
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Ilbank, as a midsized public development bank in Turkey, plays a crucial role in financing water provision. However, its potential to expand its role is limited due to recent revisions of its mandate, attempts to divert its resources, and its undemocratic structure. A reformed and democratized Ilbank could be a crucial player in building an integrated water and sanitation system management for Turkey.
As a midsized public development bank in Turkey, Ilbank is crucial in financing water provision. It provides cheaper loans to municipalities and serves as an intermediary for accessing international funds. Being owned by municipalities and designed to serve them, Ilbank is unique in Turkey's banking sector in terms of financing water provision. However, the potential of Ilbank to expand its role is limited due to recent revisions of its mandate, the attempts to divert its resources and its undemocratic structure. A reformed and democratized Ilbank could be a crucial player in building an integrated water and sanitation system management for Turkey.
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