Ziraat Bank, which offers a wide range of reliable, high-quality banking products and services in Turkey and in the world, continues to contribute to the national economy and the development of the banking sector by maintaining its uninterrupted process towards the achieving the corporate goals which it has set out in its strategic roadmap.
Operating under the umbrella of the Ziraat Finance Group, the Bank has a wide portfolio of subsidiaries offering services in the fields of banking, capital market intermediation, portfolio management, venture capital, real estate investment partnership and financial technologies in Turkey. In addition to its subsidiary banks serving in 17 different countries and its branches abroad, the Bank also has a wide service network in the international arena with approximately 1,800 correspondent banks. This strong group structure is the most important source of support for Ziraat Bank, increasing its ability to provide integrated financial services.
Ziraat Bank recorded another set of successful financial and operational results in 2022 and, backed by a business model which is oriented around high efficiency, continued to meet the needs of its customers all over our country for banking services and products at the right service points, on time, and under appropriate conditions.
Ziraat Bank’s asset size expanded by 68.6% by the end of 2022 when compared to the previous year, to reach TL 2,312 billion, with its shareholders’ equity increasing by 108.5% to TL 202.5 billion. Prioritizing sustainable profitability, the Bank generated a Return on Equity of 26.4% in 2022 and a Return on Assets of 2.3%.
Ziraat Bank proactively manages credit quality with its efficient credit processes, and supported investment in the agriculture, manufacturing, exports, energy and technology sectors with the financing opportunities which it provided in 2022. The Bank recorded a 62.7% increase in its cash loans to TL 1.3 billion in 2022, with cash loans accounting for a 55% share in the Bank’s balance sheet.
The Bank’s total deposits increased by 83.3% in 2022 to reach TL 1.7 billion, with the Bank maintaining its long run of leadership in the sector in terms of total deposits in 2022.
Ziraat Bank works in cooperation with the entire ecosystem in order to provide the products and services its customers need as accurately and quickly as possible.
Within the scope of the ongoing agreement with KGF, the Bank continued to extend the “Investment Support”, “Export Support” and “Business Expenditure Support” loan packages in 2022. As of the end of the year, TL 3.5 billion in loans had been provided through the Investment Support Package, TL 4.2 billion in loans through the Export Support Package and TL 5 billion through the Operating Expenditures Support Package.
With the protocol signed between Ziraat Bank and KGF, the “Construction Services Financing Support Package” was brought into use in order to meet the expenditures of SME and non-SME construction companies for the completion of their ongoing housing projects, and TL 1 billion in loans were made available.
The “Solar Power, Roof-top Solar Power, Licensed Solar Power Investment and Operational Loans” were added to the environmental loan products within the scope of sustainability previously created by Ziraat Bank, with TL 8.5 billion being extended through these loans by the end of the year.
Ziraat Bank provided TL 205.3 billion in loans to its 770,000 customers operating in the agricultural sector within the scope of the “Financing of the Agricultural Ecosystem” strategy, and the number of new customers added to the portfolio reached 208,000.
Ziraat Bank expanded the “I Have Many Reasons to Live in My Village” project, which it started in the last quarter of 2020 with the aim of developing small cattle breeding, by commissioning the Bovine Livestock Project in 2022.
Ziraat Bank continues to offer retail banking products and services to a wide customer base consisting of students, pensioners, traders, entrepreneurs, housewives and farmers through its branches and electronic service channels.
The Bank extended TL 47 billion of housing loans in 2022, bringing its total housing loan portfolio to TL 112 billion.
Ziraat Bank’s consumer loans reached a total of TL 56 billion in 2022 with TL 43 billion being disbursed, while the end-year balance of vehicle loans standing at TL 7.8 billion.
Ziraat Bank realized its first sustainable themed syndicated loan in 2022. The USD 1.24 billion loan, with a maturity of 367 days, was the Bank’s 10th borrowing transaction from international markets through syndication.
in addition to the syndication loan, in 2022 Ziraat Bank continued to use alternative resources through loans obtained from International Financial Institutions, bilateral loan agreements, post-financing transactions, FX repo and Eurobond issuances in line with its target of diversifying its sources of funding. A total of USD 8.9 billion of funds were provided by the Bank through these resources by the end of 2022.
Ziraat Bank maintains its activities to integrate sustainability into all business processes within the framework of its responsible banking approach. In this context, the Bank obtained an international I-REC certificate by procuring 50,000 MWh of its 2022 electricity consumption from renewable energy sources.
Ziraat Bank will continue to stand by all segments of society with its products, services and projects that contribute to the national economy, reduce foreign dependency, offer high added value and focus on the development of social welfare.
