Ziraat Participation starting operations in 2015, with the principle of “Achieving More by Sharing”, in parallel with the strategy of increasing the share of participation banking from the sector, total assets increased 80% YoY to TL 14 billion compared to the previous year.

Ziraat Participation has a balance sheet structure mainly composed of financings. Cash loans have an 80% share in the Bank’s balance sheet. When compared to previous year, cash loans increased by TL 5.8 billion while non-cash loans increased by TL 2.6 billion. Ziraat Participation has a qualified loan portfolio. The Bank’s non-performing loan ratio stands at just 0.3%.

Ziraat Participation rounded off 2017 with current and participation accounts of TL 10 billion, marking an increase of 78%, in line with its aim of obtaining low cost resources spread to the base. Current and participation accounts had a 70% share in the balance sheet at the end of 2017. Share of current accounts in funds collected is 16.5%.

Within the framework of steady growth, sustainable profitability and efficiency principles, the Bank closed the year with a profit of TL 159 million as of 2017 year end. Net profit- sharing income which was TL 210 million at the end of 2016 has doubled and increased to TL 443 million as of 2017 year end.

Major part of the profit comes from profit shares from funded credits. Expenses consist mainly of profit shares provided for the collected funds, and other operating costs.