Ziraat Bank becomes the first bank to exceed 10 trillion TL in asset size
Preparing for its 163rd anniversary, Ziraat Bank made history in Turkish banking by increasing its asset size to over 10 trillion liras.
In the third quarter of 2026, Ziraat Bank increased its asset size to over 10 trillion TL, becoming the first bank in the Turkish banking sector to surpass this threshold, and achieved a net profit of 124.5 billion TL.
Approaching its 163rd anniversary, Ziraat Bank brought its asset size to the level of 10.1 trillion TL. Announcing a net profit of 124.5 billion TL in the first nine months of the year with its efficiency-focused business model, the bank strengthened its equity. In the same period, total financing provided to the economy rose to 7.7 trillion TL.
The bank increased its cash loans, which make up the weighted portion of its assets, to 5.5 trillion TL, and its non-cash loans to 2.2 trillion TL. While 84 percent of cash loans were directed to the financing of the real sector, the share of Turkish Lira loans within cash loans was recorded at 65 percent. The non-performing loans ratio stood at 2 percent, remaining below the sector average of 3 percent.
Positioned as a solution partner for the agricultural sector, the bank's agricultural loans exceeded 1.2 trillion TL. As of the end of September, 91 billion TL in loans were extended to 77,000 female farmers, and 249 billion TL to 152,000 young farmers. While the bank's total deposit size reached 6.5 trillion TL, the share of TL deposits in total deposits was 61 percent.
In his evaluation regarding the third quarter results of 2026, Ziraat Bank General Manager Alpaslan Çakar stated that despite global financial tightening and high funding costs, financing provided to the real sector and agriculture was increased thanks to a selective credit policy and strong risk management. Çakar expressed their pride in being the first bank to exceed 10 trillion TL in asset size.
Sources
- ekonomi.haber7.com · Link