2017 Annual Report
Milestones in the History of Ziraat Participation

2015

  • As the first publicly funded participation bank, the Bank began operations on 29 May 2015, in a grand opening with the participation of President Recep Tayyip Erdoğan.
  • Ziraat Participation became the first participation bank to receive Participation Banking Activity Ratification Certificate approving compliance of the general framework of our operations with the Principles of Participation Banking.

2016

  • Ziraat Participation proudly completed its first year, a full of firsts, with a net profit of TL 30.7 million.
  • The first profit-loss sharing partnership was carried out in different sectors.
  • The first Sukuk issuance was undertaken by establishing an Asset Leasing company.
  • The first Murabaha Syndication took place.

2017

  • Ziraat Participation continued to take firm steps on its way to reach its goals of sustainable profitability and efficiency and recorded a profit of TL 159 million.
  • Ziraat Participation founded its second subsidiary ZKB Varlık Kiralama A.Ş.
  • FILIKA (Limited Financing Card) has been offered to customers.
  • Transition to TFRS 9 has been completed.
  • A project financing transaction has been performed through “Istisna” product in the participation banking sector.
  • Ziraat Participation has started the Gold Days.