T.C. ZİRAAT BANKASI A.Ş. (Turkey) - Bank Profile

T.C. ZİRAAT BANKASI A.Ş.

#1 Bank in Turkey

Customers Rating (3.8; 117 votes)

Business Focus

universal banking

Overview

Ziraat Bank traces its roots back to 1863 when Homeland Funds was founded by Mithat Pasha. Ziraat Bank operates as a universal bank, prodiving retail, private, business, corporate and invesment banking products and services to domestic and international clients (private individuals, SMEs and companies).

Performance

In 2022, T.C. ZİRAAT BANKASI A.Ş. achieved the position of 1st largest bank in Turkey with a market share of 17.63%.

Additionally, the bank became the 37th profitable bank in relation to its total assets showcasing 2.29% return on assets in 2022.

Deposit Protection

Accounts opened in T.C. ZİRAAT BANKASI A.Ş. are covered by the deposit guarantee scheme of Turkey (up to 100,000 TRY per account holder).

Market Share

Services

retail banking

SME banking

corporate banking

Products

current accounts

debit cards

credit cards

time deposit accounts

gold deposit accounts

overdraft accounts

consumer loans

car loans

mortgage loans

debt financing loans

pension accounts

trading accounts

investment funds

Ways to Bank

T.C. ZİRAAT BANKASI A.Ş. delivers its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets of T.C. ZİRAAT BANKASI A.Ş.

Total Assets (2022)

2,479.91 bln TRY (+80.90%)

Net Income (2022)

44,083.16 mln TRY (+600.70%)

T.C. ZİRAAT BANKASI A.Ş. is the 1st largest bank in Turkey in terms of total assets. In 2022 its total assets were 2 479,91 bln TRY, providing the bank with the market share of 17.63%. In 2022 the bank's net income was 44 083,16 mln TRY.

Credit Ratings

Fitch: B-

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: B3

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

T.C. ZİRAAT BANKASI A.Ş. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is B- (highly speculative). Long-term credit rating assigned to the bank by Moody's is B3 (highly speculative).

Deposit Guarantee

Guarantee Fund

Savings Deposit Insurance Fund (SDIF)

Protected Amount

up to 100,000 TRY

Eligible Depositors

natural persons (Turkish and foreign)

Covered Accounts

private current accounts
participation accounts
precious metals accounts

T.C. ZİRAAT BANKASI A.Ş. participates in the deposit guarantee scheme of Turkey which applies to private current accounts, participation accounts, precious metals accounts made by natural persons (Turkish and foreign) and covers up to up to 100,000 TRY per bank per depositor. T.C. ZİRAAT BANKASI A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.