Ziraat Bank is a Turkish universal bank, prodiving retail, private, corporate and invesment banking products and services to domestic and international clients (private individuals, SMEs and companies).
T.C. ZİRAAT BANKASI A.Ş. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative).
T.C. ZİRAAT BANKASI A.Ş. participates in deposit guarantee scheme of Turkey. This scheme covers accounts up to 100 000 TRL per bank per depositor.
T.C. ZİRAAT BANKASI A.Ş. provides products and services in the areas of retail banking, SME banking, corporate banking.
|BB+ (speculative)||- (not rated)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. T.C. ZİRAAT BANKASI A.Ş. is rated by Fitch.
Credit ratings assigned to T.C. ZİRAAT BANKASI A.Ş. as of May 2018 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for T.C. ZİRAAT BANKASI A.Ş. it is set to BB+ (speculative), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for T.C. ZİRAAT BANKASI A.Ş. is set to B (speculative short-term credit quality).
|Long-Term Issuer Default Rating||BB+|
|Short-Term Issuer Default Rating||B|
|Support Rating Floor||BB+|
Viability rating for T.C. ZİRAAT BANKASI A.Ş. is set to bb+ (speculative fundamental credit quality); support rating is 3 (moderate probability of support); support rating floor is BB+ (speculative).
|Yes (up to 100 000 TRL per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Turkey are obliged to participate in Turkish deposit guarantee scheme.
In the case of T.C. ZİRAAT BANKASI A.Ş. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons|
|Covered Accounts||all cash deposit accounts, precious metals accounts|
|Maximum Protected Amount||100 000 TRL|
|Paid In Currency||TRL|