2021 has been a successful year for our Bank despite the impacts of the pandemic in every area and the Bank sustained its healthy growth in terms of asset size, funds extended and funds collected. Year 2021 was completed with successful financial results.

Ziraat Participation kept its asset quality and increased its size of equity. The Bank demonstrated its impact in many areas such as total assets and net profit.

With its total assets reaching TL 98.3 billion, a 63% increase since 2020 and TL 559 million of net profit, the Bank continues to provide long-term contribution to its customers and the economy.

In addition to growing balance sheet, the Bank took actions which will strengthen financial performance in product and service range, number of customers and service channels.

Our Bank manages the size of its balance sheet by offering appropriate solutions for changing financial requests as well as maintaining credit quality. Accordingly, cash credit balance increased by 58% to reach TL 66.4 billion. Total amount of cash and non-cash credits reached TL 96 billion.

The Bank offered its resources to the use of all sectors, primarily real sector, in 2021 operating period in order to contribute to development of Turkish economy.

Moreover, our Bank continued its strong contribution for SMEs, which play a significant role in development of Turkish economy, via Breath 2021 Support Financing to reduce the negative effect of the pandemic and to support their investments

Ziraat Participation is the first public participation bank that started participation banking operations with the principle of “The More as We Share”. The Bank continues to contribute to national economy through various savings and deposit products within the framework of sustainable profitability principles, within the scope of activities to increase our country’s savings ratio. Ziraat Participation shows maximum effort to meet customers’ needs with its products which comply with participation banking principles in the path of providing contribution to dynamism and depth of the sector.

With its balance sheet structure based on financing which grows with sustainable profitability, efficiency and customer-focused structuring target, Ziraat Participation continues to work to provide the best service for its customers and our country.

Yours respectfully,
Ziraat Participation Board of Directors