Ziraat Katilim Ends 2020 as Turkey’s Fourth Largest Participation Bank; Total Assets TRY 60.186 Billion

Ziraat Katilim registered as the fourth largest participation bank in Turkey in 2020, with a market share of 14% and a network base of 105 branches domestically. Ziraat Katilim has seen robust asset growth, with total assets at TRY 60.186 billion at the end of 2020, compared to TRY 36.392 billion at the end of 2019 (TRY 14.350 billion at end 2017).

Turkey’s participation banking industry is dominated by established players like Kuveyt Türk (34% market share at the end of 2020), Türkiye Finans (18% share), and Albaraka Türk (15% share). Newer players, including Ziraat Katilim, Vakıf Katilim, and Emlak Katilim have contributed to the development of the participation sector in Turkey, together with supportive government policies and Shariah-compliant new pro...