Ziraat Participation, which started to provide services in the field of participation banking with the principle of “Achieving More By Sharing”, was the first state-owned participation bank. Ziraat Participation continues to contribute to the national economy with its strong capital structure and balanced growth, underpinned by its sustainable profitability principles.
The mission of the development of participation banking in Turkey
Ziraat Participation, which was established with a capital of TL 675 million, started its operations on 29 May 2015 as Turkey’s first public participation bank, in order to provide financial depth and dynamism to the sector.
Growth supported by strong shareholders’ equity
In order to maintain a level of shareholders’ equity in line with its balance sheet size, the Undersecretariat to the Treasury increased the equity of Ziraat Participation by TL 500 million to TL 1,250 million. Ziraat Participation’s shareholders’ equity reached TL 1,750 million with a new TL 500 million increase in 2018.
In 2018, Ziraat Participation’s total assets increased by 55% compared to the previous year to reach TL 22 billion, with a capital adequacy ratio of 12.8%.
Joint investment model
In order to contribute to the national economy, support the development of new products needed by the participation banking sector and to produce imported products with national and domestic resources, Ziraat participation implemented the “FZK Mühendislik ve Sınai Yatırımlar A.Ş.” joint project with Fikssan Fikstür Sanayi ve Ticaret A.Ş., in the first project of its kind in the participation banking sector and in our country.
Achieving More by Sharing
Ziraat Participation continued its activities with the aim of sustainable profitability and productivity in line with the understanding of participation banking, which is summarized in the principle of “Achieving More by Sharing”, and generated a profit of TL 323 million in 2018.
A network of 80 branches and 1,042 staff
With the 17 new branches opened in Turkey in 2018, the total number of branches reached 80. Ziraat Participation continued its activities with its 1,042 personnel specialized in their fields and served its customers.
Generating synergy from its cooperation with Ziraat Bank
Ziraat Participation works in cooperation with Ziraat Bank within the framework of the correspondent agreement. The branches and ATMs of Ziraat Bank, which has the most widespread service network in the Turkish banking sector, provide Ziraat Participation customers with easy access to products and services in accordance with the principles of participation banking.
Customer-oriented alternative service channels
Ziraat Participation continues to offer high quality services to its customers from every channel with its applications in the fields of Internet Banking, Mobile Banking, Call Center and Payment Systems.
As an effective, leading and respected participation bank, Ziraat Participation will continue to move forward with determination to reach new achievements, aiming to make participation banking available for all and to advance participation banking forward in parallel with the country’s goals.
