{{short description|Turkish multinational bank}} {{Infobox company | name = T.C. Ziraat Bankası A.Ş. | logo = Ziraat Bankası 2025 Logo.svg | image = File:IFC towers of Istanbul (cropped).jpg | type = {{hlist|[[State-owned enterprise|Public]]|[[S.A. (corporation)|Anonim Şirket]]}} | foundation = {{start date and age|1863|11|20}} | location_city = [[Ümraniye]], [[Istanbul]] | location_country = [[Turkey]] | locations = 1,773 branches <small>(2018)</small> | area_served = Worldwide | industry = [[Finance and Insurance]] | products = [[Financial services]], [[credit card]]s, [[Retail banking|consumer banking]], [[Commercial bank|corporate banking]], [[investment banking]], [[mortgage loan]]s, [[private banking]] | key_people = {{plainlist| *Burhaneddin Tanyeri {{small|(Chairman)}} *Alpaslan Çakar {{small|(CEO)}}}} | revenue = {{increase}} US$16.45 billion {{small|(2023)}} | operating_income = {{increase}} US$8.16 billion {{small|(2023)}} | net_income = {{increase}} US$3.43 billion {{small|(2023)}} | assets = {{increase}} US$89.34 billion {{small|(2023)}} | equity = {{increase}} US$12.84 billion {{small|(2023)}} | num_employees = 25.904 {{small|(2023)}} | owner = [[Turkey Wealth Fund]] | subsid = {{Collapsible list| *Azer-Türk Bank ASC *Bileşim Alternatif Dağıtım Kanalları ve Ödeme Sistemleri A.Ş.<ref name="T.C._ZİRAAT_BANKASI_faaliyet_raporu_2011">{{cite web|url=http://www.ziraatbank.com.tr/tr/s/d/TCZB_2011_yillik_m.pdf|title=ANNUAL REPORT 2011|publisher=Türkiye Cumhuriyeti Ziraat Bankası|access-date=2012-06-17}}{{Dead link|date=November 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> *Kazakhstan-Ziraat International Bank *[[ZiraatBank BH|Turkish Ziraat Bank Bosnia d.d.]] *Turkmen Turkish Joint Stock Commercial Bank (TTJSC Bank) *Uzbekistan-Turkish Bank (UTBANK) *Yönetimi A.Ş. Ziraat Teknoloji A.Ş. *Ziraat Bank Azerbaijan OJSC *Ziraat Bank (Moscow) CJSC *Ziraat Bank International AG *Ziraat Banka AD Skopje *Ziraat Finansal Kiralama A.Ş. *Ziraat Hayat ve Emeklilik A.Ş. *[[Ziraat Katılım]] *Ziraat Portföy *Ziraat Sigorta A.Ş. *Ziraat Yatırım Menkul Değerler A.Ş.}} | homepage = {{website |http://www.ziraatbank.com.tr }} }}
'''Ziraat Bankası''' ({{lit |Agriculture Bank}}) is a Turkish [[public bank]] founded in 1863. The bank provides commercial loan support to companies and tradesmen, as well as [[personal loan]]s such as [[consumer loan]]s, vehicle loans and housing loans.<ref>{{Cite news|last=Gazete|first=Banka|date=21 November 2021|title=Şubeye gitmeden kredi: 36 ay vadeli Ziraat Bankası dijital ihtiyaç kredisi fırsatı başladı!|page=https://gazetebanka.com/|work=Gazetebanka.com|url=https://gazetebanka.com/subeye-gitmeden-kredi-36-ay-vadeli-ziraat-bankasi-dijital-ihtiyac-kredisi-firsati-basladi/11221/|access-date=21 November 2021|archive-date=21 December 2021|archive-url=https://web.archive.org/web/20211221195420/https://gazetebanka.com/subeye-gitmeden-kredi-36-ay-vadeli-ziraat-bankasi-dijital-ihtiyac-kredisi-firsati-basladi/11221/|url-status=dead}}</ref>
==History== [[File:Nadar - Portrait of Midhat Pasha.jpg|thumb|170px|left|<small>[[Midhat Pasha]], founder of Ziraat Bank and the 190th [[List of Ottoman grand viziers|Ottoman Grand Vizier]], still has his portrait in all branches of the bank today</small>]][[File:Sabit Bey Sağıroğlu.jpg|thumb|170px|left|<small>Mehmet Sabit Sağıroğlu, Ziraat Bank [[chief executive officer]] in the early days of the [[Turkey|Turkish Republic]]</small>]] During the first half of the 19th century, with the adoption of western models of trade and finance, foreign banks began their activities in the [[Ottoman Empire]]. At that period, there was not enough capital to found a national banking system and no one could mention the existence of national banks as a source of capital. This situation was more harmful to farmers because they made up the majority of the population, and since they did not have any institutional financial structure to which to apply, they had to borrow money from the [[usurers]] at high-interest rates.
Under these conditions, the governor of [[Niš]] province of the [[Ottoman Empire]], [[Midhat Pasha]] (1822–1884) began to take the first steps to overcome these difficulties in 1863 and achieved the reorganization of '''Memleket Sandığı''' ({{langx|en|Homeland Funds}}), which became a law with Homeland Funds Regulations in 1867.<ref name="ziraat" /> Homeland Funds was the first agricultural financial institution founded by the state and operated with a state guarantee.<ref name="ziraat" />
In 1888, Homeland Funds was renamed Ziraat Bankası ({{langx|en|Agriculture Bank}}), and Ziraat Bank's head office in [[Istanbul]] began to function.<ref name="ziraat" /> The [[Greco-Turkish War (1919–1922)|Greco-Turkish War]] between 1919 and 1922 affected the bank's policy. The [[Occupation of Smyrna|Greek forces]] opened a Ziraat Bank Management Center in [[İzmir]] and occupied branches and funds were taken to the new center's management. On the other hand, the [[Turkish Grand National Assembly]] charged the [[Ankara]] branch of Ziraat Bank with the management of branches and funds. With the [[Liberation of Smyrna|Liberation of İzmir]] by Turkish forces on September 9, 1922, the İzmir organization was re-unified with the Ankara branch; and on October 23, the Istanbul organization too was re-unified with the Ankara branch. After the [[Turkish War of Independence]] ended in late 1923, Ziraat Bank became a united entity once again. Since the 1930s, Ziraat played an important role in financing agricultural mechanisation in Turkey, which in the postwar period benefitted from support from the [[Marshall Plan]].<ref>{{cite journal|last1=Marois|first1=Thomas|last2=Güngen|first2=Ali Rıza|title=Credibility and class in the evolution of public banks: the case of Turkey|journal=The Journal of Peasant Studies|volume=43|issue=6|date=2 August 2016|pages=1285–1309|doi=10.1080/03066150.2016.1176023|s2cid=155633816|url=https://eprints.soas.ac.uk/22002/1/Evolution%20of%20Turkey%E2%80%99s%20Public%20Banks_SOAS%20e-print.pdf}}</ref>
In 1993, Ziraat Bank [[Moscow]], [[Kazakhstan]] Ziraat International Bank (KZI Bank), [[Turkmenistan|Turkmen]] Turkish Commercial Bank (TTC Bank), and [[Uzbekistan]] Turkish Bank (UT Bank) and in 2008 Ziraat Bank [[Greece]] were founded and started to operate.<ref name="ziraat" />
In [[Bosnia and Herzegovina]], [[ZiraatBank BH]] [[Joint-stock company#Bosnia and Herzegovina|d.d.]] [[Sarajevo]], or simply '''Ziraat Banka''', was founded in 1996 as the first bank in Bosnia after the [[Bosnian war]] with [[foreign capital]].<ref name="www.ziraatbank.ba / Historijat">{{cite web |title=Historijat |url=https://www.ziraatbank.ba/bs/ziraat-historijat |website=www.ziraatbank.ba |access-date=5 May 2024 |language=Bosnian}}</ref>
In 2001, '''Emlak Bankası''' wholly merged into Ziraat Bank.<ref name="ziraat">{{cite web|url=http://hurarsiv.hurriyet.com.tr/goster/ShowNew.aspx?id=3071|title=Emlakbank artık Ziraat Bankası|date=2011-07-09|work=Hurriyet.com.tr|publisher=[[Hürriyet]]|access-date=2011-03-31|archive-date=2012-03-10|archive-url=https://web.archive.org/web/20120310053433/http://hurarsiv.hurriyet.com.tr/goster/ShowNew.aspx?id=3071|url-status=dead}}</ref>
In 2023, Ziraat Bank moved to its new headquarters located in the Istanbul Finance Center. The new headquarters, designed by the New York-based architecture firm [[Kohn Pedersen Fox|KPF]], consists of two towers with 40 and 46 floors.
==See also== {{Portal|Banks}} * [[Turkey Wealth Fund]] * [[List of banks in Turkey]]
==References== {{Reflist}}
== Further reading == * {{citation |url=https://www.ziraatbank.com.tr/en/Investor-Relations-ZB/Financials/Documents/AnnualReport2018.PDF |archive-url=https://web.archive.org/web/20200421032450/https://www.ziraatbank.com.tr/en/Investor-Relations-ZB/Financials/Documents/AnnualReport2018.PDF |url-status=dead |archive-date=2020-04-21 |title=Ziraat Bank Annual Report 2018 |year=2018 |publisher=Ziraat Bank |ref={{harvid|Ziraat Bank Annual Report 2018|2018}} }}
==External links== {{Commonscat}} * [http://www.ziraat.com.tr/ Official Website] * [https://imperium-globals.com/tr/]
{{Istanbul Stock Exchange companies}} {{Banks of Turkey}} {{Georgian banks}} {{authority control}}
{{DEFAULTSORT:Ziraat Bankasi}} [[Category:Banks established in 1863]] [[Category:Companies listed on the Istanbul Stock Exchange]] [[Category:Companies based in Ankara]] [[Category:Turkish brands]] [[Category:Government-owned banks of Turkey]] [[Category:Turkey Wealth Fund]]