T.C. ZİRAAT BANKASI A.Ş.

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).

Bank Category

Public Commercial Banks

Services

Retail Banking
SME Banking
Corporate Banking

Financials

Total Assets (2017)
434.27 bln TRL  (+21.39%)
Net Income (2017)
7 940.12 mln TRL  (+20.74%)

T.C. ZİRAAT BANKASI A.Ş. is the 1st largest bank in Turkey in terms of total assets. In 2017 its total assets were 434,27 bln TRL, providing the bank with the market share of 14.03%. In 2017 the bank's net income was 7 940,12 mln TRL.

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.

Contacts

DOĞANBEY MAH. ATATÜRK BULVARI NO:8 ULUS/ANKARA, Turkey
(312) 584 20 00
(312) 584 49 63

Bank Identifiers

BIC (SWIFT)
TCZBTR2A
Bank Sort Code
0010

Business Summary

Services
retail banking
SME banking
corporate banking

T.C. ZİRAAT BANKASI A.Ş. provides products and services in the areas of retail banking, SME banking, corporate banking.

Financial Positions

Total Assets (2017)
434.27 bln TRL  (+21.39%)

In 2017 total assets of T.C. ZİRAAT BANKASI A.Ş. were 434.27 bln TRL. Growth compared to the previous period (2016) was 21.39%. The evolution of the total assets of T.C. ZİRAAT BANKASI A.Ş. is shown at Chart 1 below.

Total Assets of T.C. ZİRAAT BANKASI A.Ş..

Chart 1. Total Assets of T.C. ZİRAAT BANKASI A.Ş..

Profit and Loss

Net Income (2017)
7 940.12 mln TRL  (+20.74%)

In 2017 net income of T.C. ZİRAAT BANKASI A.Ş. was 7 940.12 mln TRL. Growth compared to the previous period (2016) was 20.74%. The evolution of the net income of T.C. ZİRAAT BANKASI A.Ş. is shown at Chart 2 below.

Net Income of T.C. ZİRAAT BANKASI A.Ş..

Chart 2. Net Income of T.C. ZİRAAT BANKASI A.Ş..

Market Share and Rank (among banks in Turkey)

Total Assets (2017)
1st (market share 14.03%)

In 2017 T.C. ZİRAAT BANKASI A.Ş. was ranked the 1st largest bank in Turkey in terms of total assets, having 14.03% of the domestic market share.

Market share of T.C. ZİRAAT BANKASI A.Ş. (among banks in Turkey)

Chart 3. Market share of T.C. ZİRAAT BANKASI A.Ş. (among banks in Turkey)

Several banks having the market shares and ranks closest to T.C. ZİRAAT BANKASI A.Ş. are shown below.

RankNameTotal AssetsMarket Share
1T.C. ZİRAAT BANKASI A.Ş.434274.51 mln TRL14.03%
2TÜRKİYE İŞ BANKASI A.Ş.362352.53 mln TRL11.71%
3TÜRKİYE GARANTİ BANKASI A.Ş.325232.27 mln TRL10.51%
 

Credit Ratings (as of May 2018)

Fitch Moody's
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.

Fitch

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+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  B
Viability Rating  bb+
Support Rating  3
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).

Deposit Guarantee

Deposit Guarantee
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

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of T.C. ZİRAAT BANKASI A.Ş. and its components are shown in the table below.

BIC  TCZBTR2A
Bank BIC Code  TCZB
Country Code  TR (Turkey)
Location Code  2A
Branch Code  -

Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

Bank Sort Code  0010

European Presence: 7 banks in 6 countries

T.C. ZİRAAT BANKASI A.Ş. operates under the brand name Ziraat Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Bulgaria

Germany

Greece

Montenegro

Turkey

United Kingdom