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Real Estate in Turkey
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Press release
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News1

General manager of Ziraat Bank of Turkey Hüseyin Aydin announced semi-annual results and objectives of the Bank:

Ziraat Bank will focus on profitability and productivity that can be sustained even in the new period

Ziraat Bank has released financial results for the first six  months of 2011. During the announcement of the results from the previous fiscal period, Mr. Hüseyin Aydin General Manager of Ziraat Bank since 15. July, touched the topic of banks goals for the upcoming period.

Stating that Ziraat Bank will focus on profitability and productivity that also can be continued into the new era Aydin stated the following - "With Management Strategy that will be focused on profitability and productivity that can be held, this year we will focus primarily on the percentage of profitability and productivity. We feel the need to achieve growth through the profit and productivity, at the same time not forgetting our core mission, by our activities contribute to the banking sector and our country. Profit should be maintained in absolute terms and it must be real and diversified. With these criteria we will be large, but not compete in size. "

Net profit of Ziraat Bank, which was in the same period last year amounted to 809 million EUR in the first six months of 2011. was 431 million EUR. Total loans of the Bank in the first half of 2011. year compared to the same period in 2010. was increased by 19 percent and reached an amount of 29 billion EUR. At the forefront of the increase are credit loans for individuals with an increase of 25 percent, and agricultural loans with an increase of 28 percent. Deposits with an increase of 6.7 percent reached the amount of 57 billion EUR and total assets increased by 12 percent and reached an amount of 72 billion EUR.

Ziraat Bank will, with its 150 years be even more dynamic

Aydin emphasizes that Ziraat Bank, whose foundations are laid in 1863 and which will in two years celebrate 150 years since its establishment, will accept the new period as a springboard for the rejuvenation and to be more dynamic. Aydin also said the following - "Profit from the capital will occupy the most important part of our agenda. By providing increased productivity Ziraat Bank will be closer to the norms within the relevant sector. We will constantly and dynamically develop our model within the framework of our business needs and structure that will have an emphasis on the client. In accordance with the principle of diversity in terms of productivity and power, we will restructure the General Directorate and the network of our branches and our human resources will provide the dynamism required by modern banking. Thanks to all the aforementioned, we will create a Ziraat Bank, whose ability to add value in each term will be higher, which will more quickly and better respond to customer expectations and technological capabilities which will be at a very high quality level." Aydin added that it is necessary to transform the balance, that the provision of financing agriculture is the primary mission of the Bank through new products and services, development and transformation of the agriculture industry in the country will be a priority for the Bank and to devote more attention to financing the real sector, which deserves more if more attention is evaluated in terms of the need to reduce public borrowing.

Aydin, by doing comparison with the norms of the sector indicates the need for diversification of sources and points out that "the diversity of sources which is significant in terms of the funds and resources and extending the deadline. In our country there is a shortage of savings, which imposes on us an obligation to work in the future on the development and deepening of non-deposit sources of funds. "

Adding that Ziraat Bank is waiting for the period of intense activity, Aydin said the following:

"Instead of short-term goals, we will retain broad horizons with the industrial view and will never go for the success in the short term. In its operations, we are acting as the bank opened to the public, with established transparent structure, and each added and traveled stage of this marathon, we will share with the public opinion and together experience the pride of success achieved. "

The Bank makes its first real steps toward moving to Istanbul

Underlining the fact that Istanbul is the financial and economic center, Aydin said that the bank in order to achieve competitiveness in the market in the future will make the first steps to move its headquarters to Istanbul. His explanation Aydin completed as follows:

"We will first switch units for management and marketing loans to Istanbul. By constructing an effective credit evaluation process and the distribution system in which the Bank's appetite for risk is defined as a dynamic one, taking into account the relevant decisions of the institutions that regulate and supervise the banking sector and policy makers, we will continue to increase the share of loans in total.

 

2010

Jun.11

Difference

 

Difference (%)

(Thousand EUR)

(Thousand EUR)

(Thousand EUR)

NET PROFIT

808.903

431.243

-377.659

-46,69%

LOANS

24.318.667

28.944.225

4.625.558

19,02%

Retail loans

10.014.161

12.524.655

2.510.494

25,07%

Agricultural loans

6.022.798

7.711.210

1.688.412

28,03%

Corporate loans

6.787.361

7.175.851

388.490

5,72%

SECURITIES

32.323.656

31.866.048

-457.608

-1,42%

DEPOSITS

53.255.896

56.845.856

3.589.960

6,74%

ASSETS

63.993.414

72.009.128

8.015.715

12,53%

 

 

INFORMATION
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We are informing respectable clients that Turkish Ziraat Bank Bosnia dd Sarajevo will not work on Friday 25/11/2011 because of  celebration of  BiH National Day.

 

Aid to the injured in Turkey earthquake
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disaster-in-turkey The deadly 7.2 magnitude earthquake in eastern Turkey has left hundreds dead and thousands injured.
The catastrophic quake surpasses in size even the 7.0 magnitude earthquake that devastated Haiti in January of 2010.

Emergency rescue teams have been working to help people trapped beneath collapsed buildings and piles of debris, and families have been rendered homeless without food or water.


All of our clients who want to help the victims of the earthquake can do payments which will be forwarded to the account of the Government of Republic of Turkey through our Bank without any commision or fee to the following accounts:

ACCOUNT NUMBER

PURPOSE: POMOĆ NASTRADALIM U ZEMLJOTRESU
ACCOUNT: VLADA REPUBLIKE TURKSE
BANK NAME: T.C. ZİRAAT BANKASI
BRANCH: AŞAĞI AYRANCI ŞUBESİ

IBAN

TL Hesabı: TR600001000820555555555031
ABD Doları Hesabı: TR330001000820555555555032
Euro Hesabı: TR060001000820555555555033

 

NEWS
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Dear customers,

We inform you that our new office which was moved from Zelenih Beretki began operations at the new location in Marsala Tita. 38.
Pictures of our new office here.

 

KENAN BOZKURT, TURKISH ZIRAAT BANK BOSNIA DIRECTOR, WINS "2010 Best Manager" IN TWO CATEGORIES
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Kenan Bozkurt, director of Turkish Ziraat Bank Bosnia, won two "2010 Best Manager" awards in the categories - Banking Sector and Best Bank in BiH.
He said that this recognition for him as the leader of Turkish Ziraat Bank in BiH has a special significance because it indicates that they are on the right track and provides all the employees of the Bank even greater motivation to work.
"Our belief is that the values should be controlled in order to achieve value and that those values make us different from other banks. We try not to be successful, but to be worthy. We consider our clients and people in general very important. Our values and attitudes are guiding our work. We do not believe in competition, but we believe in providing mutual services. We respect our work and clients and strive to be better at our job. We are representatives of a strong and prestigious brand which has existed for 147 years and we are aware of this power, which motivates us to do more and be more disciplined. Security, reputation and trust for us are above all. Awareness of the great responsibility we have to our founder, clients and society
is present in all our branch offices," said Bozkurt.
"If we take into account the fact that praise makes the effort seem more beautiful, this award which is given to our Bank and to me as a person who is leading it will be a beautiful and valuable memory on this demanding duty that I performed in the years of crisis and I will be happy very during my future career and life when ever I remember this beautiful country. What must be recognized and what always applies to everyone is the fact that everyone likes prizes. As a family of 152 members, guided by our values in these very difficult years, we have tried to do the best we can and if we achieved the valuable results, they are the product of a joint effort of all members of this family. Of course, all this would not have been possible had it not been for our
founder and our clients who have the confidence and faith in us. This award has special significance because it shows us that we are on the right track and it gives all my staff even more motivation," said Bozkurt.
The "2010 Best Manager" event was held on December 15 in Banja Luka.

 

NEWS
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Turkish Ziraat Bank Bosnia d.d. is the Bank of the Year in 2010 according to
"Directorate for the Selection of Managers of Bosnia and Herzegovina, South
East and Central Europe".

 

Another victory for our staff member for Bosnia and Herzegovina
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tt

Bosnian Table tennis player Idrija Redžepović from Sarajevo won the first prize at the 12th international veteran tournament in table tennis in the category of 40-49 years.

Tournament in Istanbul was organized by veteran sports club Fenerbahce, said thepress release of the Table Tennis Federation of Bosnia and Herzegovina.

The tournament was attended by 200 veterans from the countries of United States, Germany, Albania, Russia, Hungary, Romania, Bosnia, Denmark, Italy, Iran, Latvia and Turkey

We as Ziraat Bank collective congratulate and wish her ​​continued success!

REMINDER
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Dear Customers,

 We would like to remind once more that you can withdraw cash (BAM) from our ATMs with all world banks' cards (visa, master, maestro, visa electron, etc.).

 Yours Faithfully,

 

INFO !
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Dear customers, we want to inform you that from 1st October 2010 in the area of Federation BiH upon payment of the purchased goods or services (restaurants, cafes, hotels, etc.) only KM currency will be acepted while the EUR will not be accepted.

Degerli musterilerimiz 1 Ekim 2010 tarihinden itibaren Federasyon bolgesinde alısverislerde (restoran, kafe, otel, vb.) sadece KM kullanılacak olup EUR kabul edilmeyecektir. Saygıyla duyurulur.

Cijenjeni klijenti, želimo Vas obavijesti da će se na području Federacije BiH od prvog oktobra 2010. godine prilikom plaćanja kupljene robe ili pružene usluge (u restoranima, kafeima, hotelima i sl.) kao sredstvo plaćanja isključivo primati KM valuta, dok se EUR neće prihvatati.



Lower interest rates for "spring happiness"
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News1 Turkish Ziraat these days is offering loans at an interest rate of around eight percent. With the statement that BH goes through a very difficult period in this time, in Turkish Ziraat Bank it is said that through the campaigne they want to contribute to "happiness and joy of people which is more pronounced closer to spring."
- We offer loans at an interest rate of 7.99 percent, which includes the commission and all other costs - said Kenan Bozkurt, general manager of Turkish Ziraat Bank.

He said that during the crisis interest rates are not increased for existing customers, which is why earnings may not be great, but they maintain their trust. He believes that other banks will start a similar campaignes, and he would be glad to hear that.

Kenan Bozkurt
General Manager Turkish Ziraat Bank Bosnia
Dnevni avaz
Friday, 26. February 2010.


Funding of projects that can increase employment will be a priority in the operations of Turkish Ziraat Bank Bosnia in the coming period
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Economic crisis by their nature increase the "uncertainty".
Uncertainty has the effect that any retail or corporate clients deferred its decision on the expenditure and investment to the end of the uncertainty, and this is basically the situation in which our country is. With intensive crisis a dramatic decline in "quality of credit receivables" is occuring.
In our opinion this is the main cause of reduced credit market. Therefore, the bank may be more liquid than ever, because with the demand fall a large drop in credit sales has happened.
Of course considering that the same uncertainty affected the banks, they were also forced to be a little more restrained. Problems in the collection of existing loans increased the level of risk perception of banks when granting new credits, which is not surprising.

The crisis has strongly reflected in almost all banks in the world, especially regarding credit risk, and the decline in achieved profits happened. In regards with the increase in achieved profits of Turkish banks by 40% and net profit of 1.5 billion EUR of Ziraat group, which member is our bank, it can be interpreted as the dynamics inherent in the state of Turkey.
Each country has different economic dynamics and so has Bosnia and Herzegovina, and because of these consequences banking sector of BH recorded a significant drop in profits.

Kenan Bozkurt
General Manager Turkish Ziraat Bank Bosnia
"Banks in BiH"
February 2010



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