Ziraat Participation, which started its activities in 2015 with the principle of “More as We Share”, carries out its activities with the aim of creating value for its customers and ensuring the efficient and sustainable growth of its customers by focusing on its customers with its strategy of increasing the share of participation banking in the sector.

In 2023, the total assets of Ziraat Participation increased by 80% to reach TL 384.3 billion. Loans constitute the highest share with 68% in total assets. At Ziraat Participation Bank, cash loans increased by 79% compared to the previous year to reach TL 259.8 billion while non-cash loans increased by 73% compared to the previous year to stand at TL 78.3 billion. The Bank’s equity, on the other hand, increased by 74% to TL 19.8 billion.

In line with the goal of providing widespread and low-cost resources to contribute to the savings balance of the national economy, funds collected increased by 76% in 2023 in comparison with 2022 year-end and reached TL 304.4 billion. Share of funds collected in balance sheet was 79%. Of the funds collected, 20% consists of private current account and 80% of participation account.

Ziraat Participation closed the year 2023 with a profit of TL 4 billion with its principles of balanced growth sustainable financial performance and profitability. Profit share revenue at an amount of TL 44 billion is the most significant revenue item of the Bank. Profit share received from credits is the largest item in profit share revenues.

The Bank sustained its strong capital structure, high liquidity level and funding capability in 2023. Capital adequacy ratio was 15.10% in 2023.