Ziraat Bank

Source: Wikipedia, the free encyclopedia.
T.C. Ziraat Bankası A.Ş.
FoundedNovember 20, 1863; 160 years ago (1863-11-20)
Headquarters
Ulus, Altındağ, Ankara
,
Turkey
Number of locations
1,773 branches (2018)
Area served
Turkey and overseas
Key people
  • Burhaneddin Tanyeri (Chairman)
  • Alpaslan Çakar (CEO)
Products
mortgage loans, private banking
RevenueIncrease ₺24.554 billion (2018)
Decrease ₺10.034 billion (2018)
Increase ₺7.961 billion (2018)
Total assetsIncrease US$123.630 million (2023)
Total equityIncrease ₺57.401 billion (2018)
OwnerTurkey Wealth Fund
Number of employees
25,697 (2020)
Subsidiaries
List
    • Azer-Türk Bank ASC
    • Bileşim Alternatif Dağıtım Kanalları ve Ödeme Sistemleri A.Ş.[1]
    • Kazakhstan-Ziraat International Bank
    • Turkish Ziraat Bank Bosnia d.d.
    • Turkmen Turkish Joint Stock Commercial Bank (TTJSC Bank)
    • Uzbekistan-Turkish Bank (UTBANK)
    • Yönetimi A.Ş. Ziraat Teknoloji A.Ş.
    • Ziraat Bank (Moscow) CJSC
    • Ziraat Bank International AG
    • Ziraat Banka AD Skopje
    • Ziraat Finansal Kiralama A.Ş.
    • Ziraat Hayat ve Emeklilik A.Ş.
    • Ziraat Katılım
    • Ziraat Portföy
    • Ziraat Sigorta A.Ş.
    • Ziraat Yatırım Menkul Değerler A.Ş.
Websitewww.ziraatbank.com.tr

Ziraat Bankası (lit. 'Agriculture Bank') is a Turkish state-owned

consumer loans, vehicle loans and housing loans.[2]

History

Mehmet Sabit Sağıroğlu, Ziraat Bank chief executive officer in the early days of the Turkish Republic. (Photo taken in 1920s.)

During the first half of the 19th century, with the adoption of western models of trade and finance, foreign banks began their activities in the

usurers
at high-interest rates.

Under these conditions, the governor of Niš province of the Ottoman Empire, Midhat Pasha (1822–1884) began to take the first steps to overcome these difficulties in 1863 and achieved the reorganization of Memleket Sandığı (Homeland Funds), which became a law with Homeland Funds Regulations in 1867.[3] Homeland Funds was the first agricultural financial institution founded by the state and operated with a state guarantee.[3]

In 1888, Homeland Funds was renamed Ziraat Bankası (English: Agriculture Bank), and Ziraat Bank's head office in

Liberation of İzmir by Turkish forces on September 9, 1922, the İzmir organization was re-unified with the Ankara branch; and on October 23, the Istanbul organization too was re-unified with the Ankara branch. After the Turkish War of Independence ended in late 1923, Ziraat Bank became a united entity once again. Since the 1930s, Ziraat played an important role in financing agricultural mechanisation in Turkey, which in the postwar period benefitted from support from the US Marshall Plan.[4]

In 1993, Ziraat Bank Moscow, Kazakhstan Ziraat International Bank (KZI Bank), Turkmen Turkish Commercial Bank (TTC Bank), and Uzbekistan Turkish Bank (UT Bank) and in 2008 Ziraat Bank Greece were founded and started to operate.[3] In 2001, Emlak Bankası wholly merged into Ziraat Bank.[3]

See also

References

  1. ^ "ANNUAL REPORT 2011" (PDF). Türkiye Cumhuriyeti Ziraat Bankası. Retrieved 2012-06-17.[permanent dead link]
  2. ^ Gazete, Banka (21 November 2021). "Şubeye gitmeden kredi: 36 ay vadeli Ziraat Bankası dijital ihtiyaç kredisi fırsatı başladı!". Gazetebanka.com. p. https://gazetebanka.com/. Archived from the original on 21 December 2021. Retrieved 21 November 2021.
  3. ^ a b c d e "Emlakbank artık Ziraat Bankası". Hurriyet.com.tr. Hürriyet. 2011-07-09. Retrieved 2011-03-31.
  4. S2CID 155633816
    .

Further reading

External links

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