Summary Board Of Directors Report

In a global environment shaped by geopolitical risks, trade tensions, and protectionist policies-where monetary policy remains cautious and market volatility persists-Ziraat Bank continued its strategy in 2025 as a sector leader, focusing on high value-added areas for the economy. With the effects of Türkiye’s economic program, the disinflation process continued, while improvements in the current account and budget balances, a decline in the risk premium, increases in reserves, and positive credit rating updates supported macroeconomic stability. In this context, the critical role of a strong banking sector in enhancing economic resilience became even more evident. The Bank continued to strengthen its approach to resource mobilization and efficient allocation of funds.

As of year-end 2025, the Bank maintained its strong growth performance. Total assets increased by 57%, reaching approximately TL 8.5 trillion, while equity rose by 55%, supported by profitability and reaching a stronger level. Ziraat Bank’s standalone balance sheet size reached USD 199 billion, and Ziraat Financial Group’s consolidated balance sheet size reached USD 218 billion.

Loans continued to constitute the main component of assets. In 2025, cash loans increased by 48% to TL 4.2 trillion, and non-cash loans increased by 51% to TL 1.6 trillion, bringing total loans to over TL 5.8 trillion. Maintaining its Turkish lira-focused lending policy, more than 60% of cash loans were extended in TL.

In line with the strategy of efficient resource allocation and financing high value-added sectors, 84% of cash loans in 2025 were directed to the real sector. Agriculture, manufacturing, exports, and SME financing were prioritized in the loan portfolio. As a strong supporter of the agricultural ecosystem, agricultural loans reached approximately TL 831 billion in 2025. The comprehensive “from field to table” financing approach was expanded with a focus on cooperatives, women and young farmers, and sustainable agricultural practices.

The Bank’s leadership in foreign trade and export financing continued in 2025. Through its correspondent network and overseas subsidiaries/branches, customer access to global markets was supported, and Ziraat Bank’s share in Türkiye’s foreign trade transactions exceeded 19%. The Bank maintained its sector-leading position in export loans, financing approximately 25% of the country’s exports. The foreign trade volume conducted through its overseas service network increased by 34%, reaching USD 13 billion.

On the funding side, the Bank maintained its broadly diversified deposit base while strengthening maturity and funding diversity through international sources. As of year-end 2025, deposits exceeded TL 5.4 trillion. In terms of international funding, in April and October 2025, two sustainability-themed syndicated loans totaling USD 2.8 billion were obtained. Including non-syndicated products, total funds raised from abroad exceeded USD 25 billion. In addition, USD 1.1 billion in subordinated debt supported the equity structure.

Sustainability and the green transition were positioned at the center of financing priorities. In alignment with the 2053 Net Zero Emissions target, the Bank supports investments in renewable energy, clean technologies, and green infrastructure, prioritizing financing that accelerates the transition of the real sector to low-carbon production models. It is planned that the Climate Transition Strategy for selected sectors will be announced in 2026, establishing a measurable and monitorable framework for transition finance. Concrete steps to reduce the environmental footprint in operations continue, and the Bank’s electricity needs in 2025 are fully met through the 64 MWp installed-capacity Ziraat SPP, which operates on renewable energy.

In terms of customer reach and service capacity, while continuing to support inclusive financial access with the country’s most extensive physical banking network, the Bank accelerated its digital transformation investments. As of 2025, services are provided through 1,745 branches and 7,900 ATMs, with a strong focus on customer experience across digital channels. Ziraat Mobil maintained its position as the most widely used mobile financial application in the country; one in every five transactions conducted through digital channels took place via the Bank’s platforms, and the number of active digital customers reached approximately 25 million. The digital bank Ziraat Dinamik and the payment and e-money institution Ziraat Pay commenced operations.

In terms of risk management and asset quality, the Bank preserved its solid outlook with non-performing and close-monitoring ratios below sector averages, a strong provisioning structure, early warning systems, and effective collection and restructuring processes. This strong risk discipline also supported profitability performance, and the net profit of approximately TL 161.5 billion in 2025 became one of the key elements strengthening the Bank’s capital and growth capacity.

Going forward, Ziraat Bank will continue to develop products, services, and projects that add value to the national economy, aim to reduce external dependency and generate high value-added output, and contribute to strengthening social welfare-remaining committed to serving all segments of society.