Starting operations in 2015 with the principle of “Achieving More by Sharing”, Ziraat Participation increased its total assets by 55% YoY to TL 22 billion and shareholders’ equity to TL 2.2 billion rising by 58% compared to the previous year, in parallel with the strategy of increasing the share of participation banking from the sector.

Growth in Ziraat Participation’s assets in 2018 stems from cash loans. Cash loans increased by 56% compared to the previous year and reached 80% of total assets. When compared to previous year, cash loans increased by TL 8 billion while non-cash loans increased by TL 4 billion.

Ziraat Participation rounded off 2018 with current and participation accounts of TL 15 billion, marking an increase of 51%, in line with its aim of obtaining low cost resources spread to the base. Current and participation accounts had a 68% share in the balance sheet at the end of 2018. Share of current accounts in funds collected is 15.7%.

Within the framework of balanced growth, sustainable financial performance and profitability principles, the Bank closed 2018 with a profit of TL 323 million. Net profit- sharing income which was TL 443 million at the end of 2017 has increased to TL 771 million as of 2018 year end.