Ziraat Bank provides 1 trillion lira credit support to agriculture

Ziraat Bank General Manager Alpaslan Çakar announced that the bank's agricultural loans have surpassed 1 trillion lira and that it alone meets 70 percent of Turkey's agricultural loans.

Scraper SystemJuly 03, 2026, 08:21 PM

Ziraat Bank provides 1 trillion lira credit support to agriculture

Ziraat Bank General Manager Alpaslan Çakar answered questions from A Para's Ahmet Tunahan Şimşek during the 5th Agriculture Ecosystem Gathering. Stating that they have reached a credit volume of 1 trillion lira, Çakar made striking remarks. AGRICULTURAL LOANS SURPASS 1 TRILLION TL THRESHOLD 2.

Speaking at the event attended by 500 producers from 81 provinces, Alpaslan Çakar noted that they have reached 1 million producers and shared current figures: 'As of today, we have extended 1 trillion TL in loans to around 1 million producers. I am referring to agricultural credit.' Çakar emphasized that this support is part of the bank's 163-year mission of financing agriculture.

Massive 1 trillion lira support to agriculture from Ziraat Bank! Alpaslan Çakar: 'We shoulder 70 percent alone' | Video STATE SUPPORT FOR FARMERS: 90% OF LOANS ARE SUBSIDIZED Detailing the cost structure of the loans, Çakar explained that a large part of the interest burden on farmers is borne by the state. Regarding the loan conditions, Çakar said: '90 percent of these loans are subsidized loans.

Subsidized loans actually mean that a portion of the interest is covered by the Treasury and Finance Ministry... 90 percent of this 1 trillion TL credit is subsidized loans. And we are talking about a lending structure where, on average, 70 percent of the interest on these subsidized loans is covered by the Treasury and Finance Ministry.

' Çakar also noted that in 23 percent of subsidized loans, the entire interest is covered by the state. ZIRAAT BANK ALONE CARRIES 70 PERCENT OF THE SECTOR Drawing attention to Ziraat Bank's dominant role in the agricultural sector, General Manager Çakar summarized the bank's market share as, 'Today, for every 100 lira of credit extended to the agricultural sector in Turkey, 70 lira is provided by Ziraat Bank...

We are the bank that single-handedly extends 70 percent of agricultural loans in Turkey.' Çakar added that they have a market share of around 21 percent in total corporate loans and about 17 percent in foreign currency loans.

SUPPORT FROM FARM TO FORK WITH ECOSYSTEM APPROACH Explaining why the gatherings initiated in 2021 were named 'ecosystem,' Çakar stated that all stakeholders must take part in this process. 'We called it ecosystem. Why ecosystem? Because it is a journey; it had to be an ecosystem involving all stakeholders. Everyone needed to be included...

It is actually an organization where all stakeholders come together in the entire process from farm to fork, or in terms of raw materials and agricultural industry,' he said. INTEREST RATE CUT SIGNAL FOR YEAR-END Also making assessments on inflation and monetary policy, Alpaslan Çakar predicted that agricultural yield will be very good this year and will support the fight against inflation.

He conveyed his expectation for the policy rate as follows: 'In parallel with the decline in inflation, I believe the policy rate will gradually decrease within a certain program towards the end of the year.' Noting that, unlike last year, there has been no drought problem this year and rainfall has been productive, Çakar predicted that the negative impact of food prices on inflation will diminish.

Ziraat Bank provides 1 trillion lira credit support to agriculture

Ziraat Bank General Manager Alpaslan Çakar announced that the bank's agricultural loans have surpassed 1 trillion lira and that it alone meets 70 percent of Turkey's agricultural loans.