TC Ziraat Bankasi Sofia Branch

Türkiye Cumhuriyeti Ziraat Bankası A.Ş. is founded as a charity fund in 1863 using both government funds and funds collected by the local farmers. In 1883, Government Funds were replaced with Benefit Funds. The Bank was officially established by the re-organization of the Benefit Funds in 1888, to grant loans to farmers, to accept interest-bearing deposits and to act as a moneylender and an intermediary for agricultural operations.  When Ziraat Bank commenced operations in 1863, it was the first example of a nationally-owned bank in a country that neither had a national banking system nor any adequate capital accumulation for establishing such banking system. Due to its undertakings during the years, the Bank developed with great strides. Ziraat Bank today is regarded as both the founder and the natural leader of Turkey’s banking industry and is considered as one of the most valuable assets of the country.